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Updated almost 6 years ago,
New Multi-Family Investor on Guam
I've read a few Bigger Pockets books. I currently work at an apartment building as a maintenance man. I'd like to buy the 20+ unit complex that I work for. I've saved up a bit but want to explore vendor-financing since it will be several million. It's in horrible disrepair and only has 65% occupancy. I'd really like to try and BRRR this. I'd like advice from anyone who's possibly done this before, or possibly someone who could point me in the right direction toward any information about closing or negotiating a deal like this.
This is a bit of a big deal for my first one, but I'm ambitious and very hard working.