Making an offer on another small bay property this week using seller financing. I’ll post my underwriting below on what the offer looks like: Property Details: 1,250 sq.ft .21 acre fenced lay down yard (Previous tenant upgraded exterior security lighting he plans to leave, as well as repaint interior) Purchase Price: $65,000 Downpayment: $40,000 Interest: 5% Terms: $400/mo - 5 year balloon At $1,200/mo rent I’m projecting this as my return: -18.0% initial cash-on-cash -24.0% modeled 5-year pre-tax IRR This will be a solid addition to the portfolio if they accept these terms🤞🏼

Found this deal where the owner is looking to get $65k for his 1,008sqft warehouse that’s cinderblock construction Due to a lack of marketing the property has been on market for 31 days with no activity so I’m proposing the Seller finance a portion of the property to get closer to his desired price. I’m confident I can get $900-$950/mo so this is the offer I sent: -$50k purchase -$20k down -Owner finance $30k at 6% with 36 month balloon -No prepayment penalty and I pay $300/mo If he accepts I’ll only need around $5k worth of rehab (mostly paint) and I should hit around 22% cash on cash return🔥 $950 - $300 (payment) - $200 (taxes/insurance) $450 net/mo (21.6% cash on cash)

This is the first property I ever purchased back in 2021 that made me want to focus solely on the industrial/small bay flex asset class This property is only 1200 ft.² on a .22 acre lot and I was able to get it for 45,000, which now rents between $1000-$1200/mo over the last five years Way easier to manage this type of property vs SFR’s. Typical turnaround costs to get it released have historically been under $1k in repairs each time🔥 (mainly paint and OSB board replacements) What’s the best deal you’ve purchased in your investing career?

May have missed it on previous calls, but how are you conducting market research/feasibility reports when looking into new markets? Are you using software like Crexi or CoStar?

We have a full team prepared to underwrite, analyze and provide funding options for your upcoming projects! We have closed well over $100,000,000 in the last year and ready for more before yearend. If you are actively looking at a deal. Send us what you have! We will help you take a hard look at the numbers, provide our feedback & outline what funding options are available. - Up to 75% LTV/LTC on most lending options - Rates range high 5’s to low 6’s - Fixed and variable rates - Interest only options - Nonrecourse available - if you’re building or developing small bay industrial you should be talking to us 🔥 what can we get done for you? [email protected]