We want to buy your multi-family properties in cash at fair market value in Southeast, USA.

On average, it takes about 30-60 days from the time you submit your property to close a deal.

While other investment groups will advertise that they can close on a deal in 7-10 days, oftentime these transactions are not great for the seller. The buyer in these scenarios is typically offering a lowball amount to mitigate their risk of not having the proper time to evaluate the property.

Rather than aim for obtaining properties with lowball offers from desperate sellers, we aim to consummate win-win off market transactions with  owners seeking quick, easy, and quiet transactions… no matter the reason. We don’t just want to buy ONE of your apartments, we want to buy ALL of your apartments. And the only way to do that is to create deals that are attractive for both us, the buyer, and you, the seller.

We take the time to go through a proper evaluation of your property to determine its fair market value.

The benefit of doing off market transactions is that you don’t have to do anything to prepare your property for sale to attempt to make it more attractive to potential buyers. As experienced investors, we see past a fresh coat of paint when valuing apartment complexes and pay more attention to numbers like rent roll, deferred maintenance projections, and cap rates.

You can save yourself the time and expense of painting and pressure washing your complex, upgrading your units, or landscaping, as in the end, it won’t add much to your bottomline, and chances are, our team can do it more cost effectively after we acquire the property due to the volume of transactions we do and the economies of scale we bring to the table.

Yes, we look at properties in all conditions. Don’t hesitate to reach out to us even if:

• You’re selling your apartment in As-Is condition.
• There are code violations.
• You’re dealing with title issues & liens
• Major renovations are needed.
• The property has deferred maintenance.
• There are non-paying tenants in your building.
• You’re experiencing high vacancy.
• Rents are below market.

1) You don’t have to pay a Realtor a hefty commission to list your property. That costs both the buyer and seller money and that’s a lose-lose. We prefer win-win transactions that don’t give away margin to middlemen. However please note that we do pay referral fees and finder’s fees to brokers and property managers who bring us deals.

2) No having to make multiple appointments with Lookie Loos who are just feeling out the market or aren’t financially prepared to make an offer.

3) You won’t have to take your apartment on and off the market when it goes under contract to a buyer who just wants to lock it up and then attempt to beat you up on price to get your property below market value. Seeing a property go on and off the market multiple times looks bad to other investors as they tend to assume there’s a major problem.

4) You won’t have to invest more cash into your apartment to make it ready for retail investors to look at.

5) You won’t have to wait for a long lender financing process to finish. We have cash in hand ready to close on deals.

6) You don’t have to worry about multiple investor groups touring the property and spooking or bothering your tenants (we know how to be discreet) 

 

Yes, we are prepared to close on all our accepted offers in cash. We don’t make a cash offer we’re not prepared to close on. We finance transactions to boost returns, but don’t let this become your problem. If our lenders are not ready to close, we close with you all cash and close our loan afterwards.

Given that we work with cash, a successful transaction is not contingent on a bank or lender making repair demands. Therefore you will not be expected to make any repairs to your property. Our property evaluation experts are skilled at assessing the value of your property irregardless of the condition it’s in at the time of sale and are able to offer a fair market value that reflects the needed repairs without you having to perform them.

When selling your property to us, we assume all costs associated with property evaluation and inspection. You would incur no out of pocket expenses to request an offer from our firm.

Whether your apartment units are occupied, unoccupied, partially occupied, or occupied with non-performing tenants, we will still make you a fair market value based on an inspection and evaluation of the property.

No, we do not have any requirements on apartment size or number of units. We purchase duplexes, triplexes, and quads, up to large scale multi-family apartment complexes.

The majority of our property acquisitions are considered A, B, or C class properties.

We buy apartments all over the USA. We are especially interested in properties located in the Southeast.

After you submit a property request, we will send you a checklist of information to provide us in order to evaluate your property and make an offer. This information typically includes your gross rents, maintenance expenses, NOI, P&L reports, capital expenditures, depreciation or amortization, rent rolls, number of units, vacancy rates, etc. If you’re not familiar with all of these items we can help you track them down.

Those other companies should probably say, “We buy apartments substantially under market value from desperate sellers who need a quick transaction.” There’s no way that an investment group can make you an offer on a property sight unseen and close on that property in days unless the offer is so low that the margin between their offer and fair market value is so large that it mitigates all their risk.

While we are still able to move quickly for our buyers, our goal is not just to close quick with lowball offers, but to facilitate win-win transactions for our sellers and obtain deals with upside and ROI at fair market value.