Exactly 19 months ago we purchased this apartment building in North Carolina in August 2022, together with our investors.
We have successfully taken the rents from $680/month to over $980/month on average.
Which has doubled the value of this property! ….
Just recently we have just completed a cash-out refinance. Which means… We collected ALL (and more) of our original capital investment back. While still maintaining a conservative 67% Loan to Value ratio.
The best part of all this? All of our investors are STILL in the deal at their original investment rate. So that means. They are now receiving infinite cashflow returns along with future wealth appreciation. 🤯
Pretty cool right? I mean within 19 months we got all of our capital back and still get paid every month! What other investment vehicle does this?
Now with this windfall of cash, guess what we are doing with that money now? (No, not buying a Lamborghini 🏎️ )
But rolling it over into another property and doing it again, and again and again 😁… Can you see how this strategy can multiply your net worth and passive cashflow?
We love these value-add deals. And these are VERY difficult to come by. I mean our team literally spends over $100,000 per year looking for these opportunities 😮. Like really time and money consuming.
We typically raise our capital needs for the purchase of these deals from our friends and family pretty quick. (Because they really like this investment style)
But. If you think this investment strategy is interesting and want to learn more on how you can work with us. Ill add my Calendly link to book a call! Happy to connect with private lenders here 🙂
Book A CAll: https://calendly.com/homehelperssolutions/mike-mannino-ii
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