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104-Unit The Post In Victoria, TX With Brian Ferguson, Apartment Investor
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104-Unit The Post In Victoria, TX With Brian Ferguson, Apartment Investor
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Whitney Elkins-Hutten of PassiveInvesting.com interviews experienced apartment investor Brian Ferguson of Fergmar Capital about his most challenging acquisition yet: The Post, a 104-unit multifamily real estate property in Victoria, TX. What do you do when a potential deal is facing foreclosure, has collapsing carports, undisclosed fire damage, and a lender breathing down your neck? Dive into this conversation as Brian reveals the intense due diligence process, the shocking physical surprises (like 20 down HVAC units and failing roofs), and how his team successfully navigated a complex Fannie Mae assumption loan with a low 4.41% fixed rate. Learn about their non-traditional 80-20 capital structure and the unique marketing challenges of managing an all-bills paid distressed asset. This is a masterclass in turning a nightmare multifamily deal into a cashflowing success.