The Perfect City for a Real Estate Investor
Have you ever been to a place where you thought to yourself, “Wow this is a cool place! I like it here.” If so, have
MIGSIF is a Real Estate Fund that was established in 2009 by Cherif Medawar, Investor and Founder. The fund was officially filed with the Securities and Exchange Commissions (SEC) on August 5, 2008 and began successfully operating in 2009. View Filing Details Here. View Filing Details Here.
-All Investors must have a substantial and preexisting relationship with Fund Manager, Cherif Medawar.
-MIGSIF and any of its subsidiaries and related entities may use leverage with various banks and funders and others including seller carry backs and local lenders who would have a first lien position. The choice of lenders is solely based on Cherif’s decision for each particular location, investment strategy and terms offered for the MIGSIF acquisition.
-Investors’ capital is invested only in real estate in all cash purchases or in the down payment, rehab and long term holding strategies for the acquisitions.
– Cherif is the sole decision maker for the choice of properties and rehab as well as resale or holding strategy and potential JV agreements with subsidiaries as needed.
-MIGSIF, through Cherif’s alliance of expert professionals focused on California properties for the first few years to buy, rehab and resell at a profit, and in 2016, moved most of the capital to invest in Old San Juan Puerto Rico, due to the steady cash flow nature of the area. The fund is currently investing in luxury residential properties in CA, residential developments in FL, and single tenant retail, multi-use, hotels and long term/short term rentals in PR.
– Cherif holds his own inventory of properties there and is fully set up to continue growing as can be viewed on www.crepr.com
-Finally, graduate members of CMREI who have received advanced training may wish to build their own wealth by learning how to set up their own Private Fund and using MIGSIF as a “Fund of Funds.”
This private offering has a proven track record and has been operating successfully since 2009, as a private placement filed with the SEC.
View the SEC filing link here.
Meet Cherif and watch as he documents his remodel process and tours the latest MIGSIF properties.
These projects are each in a different stage of the remodel. Click here for the finished product.
View the property gallery and virtual tours.
Have you ever been to a place where you thought to yourself, “Wow this is a cool place! I like it here.” If so, have