Deal Submission

Multi-Family

We are looking to add another 80-100 doors to our portfolio within the next 12 months. We are primarily looking for properties between 12 and 50 doors with value add scenarios.
Please see our buying criteria below.

Locations:

  • Polk County
  • Pasco County
  • Hillsborough County
  • Pinellas County
  • Manatee County

Property Styles: 

  • -1-2 stories
  • Minimum of 4 doors per structure
  • Consistent unit mixes
  • 70’s – 90’s block and slab construction

Fix and Flip Buy

Our target is to purchase 3-5 single family and manufactured mobile home properties per month in Pasco and Polk County with a minimum 15% net return (see formula below) or All In Cost needs to be 75% of ARV. 

SFR Criteria:

  • Value Add, Distressed
  • Purchase Price under $300,000.
  • Block/Slab Structure
  • No HOA’s or 55+ communities.
  • No Pool
  • Polk / Pasco County

Manufactured/Mobile Criteria:

  • Post-1976 build date.
  • Must be retired to land.
  • Not in mobile home park.

ROI Formula/Example:

Purchase Price 
+Rehab Costs 
= All In Cost 

After Repair Value (ARV) 
X .94 (After Transactional Costs) 
= Net ARV 

All In Cost 
/ Net ARV 
= Profit 

Proft/All In Cost = % Net Return (Min 15%) 

———————————————————————————————————————
Purchase Price + Rehab Costs = 75% of ARV

Submit Multi-family Deal

  • City, State, Zip Code
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Submit Fix and Flip Deal

  • City, State, Zip Code
  • Rehab details

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