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Here at Nighthawk Equity, we haven’t done a multifamily deal in 18 months.
So, we were excited to find what looked like an ideal opportunity in Atlanta. And two months ago, we got the deal under contract.
But after spending $15,000 in the due diligence process, we ultimately decided to walk away.
What went wrong?
On this episode of Financial Freedom with Real Estate Investing, I sit down with my partners at Nighthawk, Drew Kniffin and Garrett Lynch, to debrief on the deal we didn’t do.
We explain what we liked about the deal, describing what made it a textbook value-add opportunity and how we planned to renovate the units and upgrade several amenities in the community.
Listen in for insight into the issues we discovered in the due diligence process and learn how to stick to your investment criteria and protect your investors by walking away from a bad deal!
For full episode show notes visit: https://themichaelblank.com/podcasts/session414/
