16 min

170 Valley Case Study — Raising $7.5M in 90 Minutes‪!‬ Accelerated Real Estate Investor

    • Investing

In today’s episode, I peel back the curtain on a 170-unit deal that I just got under contract, with an expected valuation of $14M. 
Listen in as I breakdown the deal, including how I secured it off-market, the $1.1M CapEx plan, and how I was able to raise $7.5M in only 90 minutes! 
The best part is, we only needed $2.5M to fund this property, so now our next two deals are fully funded as well.
Quick Overview
Purchase price: $9M 170 Units Price per door: $52,900 $1.1M CapEx budget Unit Turns: $877K
- 56% of the units needs a full turn ($7,500/unit)
- 20% of the units needed a ½ turn ($3,000/unit)
- 24% of the units are make ready ($1,500/unit) Exterior
- $25,000 for roofs
- $20,000 for driveway sealing & striping
- $37,800 to paint (13 common spaces @ $3k/space)
- $50,000 for exteriors, yard, fencing, dog park and pavilion
- $90,000 buffer $270,000 acquisition fee (3%) $300,000 in soft costs (closing, legal, title, survey, appraisal, pre-paids) All-in for $10.6M Rents are 20% under market value. Plan to improve units and increase from $700 to $880 over a 3 year period $300,000 of tax-free refi proceeds Expecting $900,000 a year of net operating income and 6.1 cap rate Expected Cash flow: $240,000/year Investors get 10% preferred return + 1% equity in perpetuity $14M+ valuation. Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/238
Rate & Review
If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device.
You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!
Connect with Josh Cantwell
Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program!
To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com
Get The Flip System Book!
To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

In today’s episode, I peel back the curtain on a 170-unit deal that I just got under contract, with an expected valuation of $14M. 
Listen in as I breakdown the deal, including how I secured it off-market, the $1.1M CapEx plan, and how I was able to raise $7.5M in only 90 minutes! 
The best part is, we only needed $2.5M to fund this property, so now our next two deals are fully funded as well.
Quick Overview
Purchase price: $9M 170 Units Price per door: $52,900 $1.1M CapEx budget Unit Turns: $877K
- 56% of the units needs a full turn ($7,500/unit)
- 20% of the units needed a ½ turn ($3,000/unit)
- 24% of the units are make ready ($1,500/unit) Exterior
- $25,000 for roofs
- $20,000 for driveway sealing & striping
- $37,800 to paint (13 common spaces @ $3k/space)
- $50,000 for exteriors, yard, fencing, dog park and pavilion
- $90,000 buffer $270,000 acquisition fee (3%) $300,000 in soft costs (closing, legal, title, survey, appraisal, pre-paids) All-in for $10.6M Rents are 20% under market value. Plan to improve units and increase from $700 to $880 over a 3 year period $300,000 of tax-free refi proceeds Expecting $900,000 a year of net operating income and 6.1 cap rate Expected Cash flow: $240,000/year Investors get 10% preferred return + 1% equity in perpetuity $14M+ valuation. Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/238
Rate & Review
If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device.
You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!
Connect with Josh Cantwell
Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program!
To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com
Get The Flip System Book!
To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

16 min