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Multifamily Strategy Community

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27 contributions to Multifamily Strategy Community
Personal announcement.
It's a girl. She hasn't paid rent yet, but it looks like the eviction process is going to take a few more months. Drafting up the eviction papers for October 18. Apparently, part of this process includes another 18 years of free rent at my house..... Additionally, I also incur a pretty hefty bill for a wedding if some guy comes around offering her new housing when she's all grown up..... As landlord-tenant rules go she is getting a pretty sweet deal. In all seriousness, Danni and I could not be more excited. Getting a boy and a girl back to back is such a huge blessing. Christian
Personal announcement.
0 likes • 10d
Congrats!!
Monday Motivation!
Currently 10 hours deep on broker calls on a MONDAY - LETS GO! Who else absolutely refuses to quit !? 🔥
Monday Motivation!
0 likes • Apr 28
Losing faith in brokers for commercial properties as they sell the world and deliver a small speck under a pebble and waste everyones time. At this point, I need an actual Investor with money for a bridge loan not someone who says they have access to money. Grinding with you man!
Execute Purchase of Lease Option
I have a 17br co-living property (old ALf) that we did a lease on with option to purchase and now need to execute the purchase. We have fixed up and taken value to 1.5m and purchase price is 580k. Are there any lenders that will lend on the current value vs the purchase price? I have had people tell me yes, but then their underwriters say no. Looking to put into a long term loan if that helps.
2 likes • Mar 26
The NOI supports the 1.5, seems wording on the lease option to purchase is the biggest deal…will write more about that later (lesson learned even after an attorney reviewed before we signed). Basically some version of what everyone has chimed in with is correct and again seems to go back to wording and location with wording. Private hard money at 8-9% might allow most options but is most expensive. Just closed a DSCR C/O Refi at 7 with no points so that made me happy. Ideally cash out on this would be great. Thx everyone, will keep you up to date.
Help!!!!
I need your help testing a thing. YouTube's introduced a new hype button. My marketing team has no idea how much it actually helps launch a video. If you can donate three seconds to me, click the video select the option to hype the video. I have a few days of tracking of the video without hype. We're going to see if it actually makes any difference with the YouTube algorithm whatsoever. I can only run this test if I have your participation, though. If I have given you enough value in multifamily strategy to merit three seconds of work, this is a project I can't do without your help. Thank you so much - Christian
0 likes • Mar 20
Done
Cap Rate
What cap rate are you looking to purchase co-living properties at?
Poll
3 members have voted
1-10 of 27
Lance Stromberg
3
8points to level up
@lance-stromberg-1568
I love what I do day in & day out, & also love reaching people through helping them find homes they can grow & gain success in all areas of life!

Active 10d ago
Joined May 29, 2025
Florida
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