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Updated over 7 years ago,
How Can I finance an Apartment Complex?!?
I have been investing in Real Estate and have purchased 9 properties in the last 3 years. I am still pretty new, but things are moving along great. I want to look at investing into something bigger such as Apartment Complexes. I know there is a 10 loan limit for conventional loans. How is one able to purchase a 120 Unit Apartment Complex.
When I purchased a Quadplex earlier this year, i was told that it counted as 4 against my 10 properties for conventional loans because they are individually deeded. I think I'm a bit confused on how this works. If anyone could chime in and enlighten me, I would greatly appreciate it.