LP Deal Review | MIP Capital Partners

In this episode of our Deal Review Series, Matthew Sinclair and Mark Hart of MIP Capital Partners present their BTR Fund III to our LP panel: Chris Lopez, Paul Shannon and Scott Trench.

The LP Panel asks questions like:

  • Why invest in this fund instead of buying one of these new-construction homes directly yourself?
  • How are you financing the portfolio (bridge debt and permanent loan), and how does that compare in risk/reward to a 30-year fixed mortgage an individual could get?
  • What annual rent growth and appreciation assumptions are built into your pro forma?
  • How sensitive are your NOI margins and DSCR to higher vacancy/expenses, and what happens if those move against you?
  • How is your property management relationship structured to control costs and align incentives with LPs, and what does a “typical” property in the portfolio look like (price point, rents, etc.)?

Want to discuss the deal with other investors in the community?

About the Deal

We have carefully selected a portfolio of 36 Class A, new construction, single-family residences in suburban markets of Memphis, and would like to partner with our accredited investors on this passive investment opportunity.

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