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Updated almost 15 years ago on . Most recent reply

Peter Mackercher's profile image
Peter Mackercher's profile image
Peter Mackercher
  • Residential Real Estate Broker
  • from Saint Louis, Missouri
  • Member since Dec 13, 2009
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User Stats

15
Posts
8
Votes
Peter Mackercher's profile image
Peter Mackercher's profile image
Peter Mackercher
  • Residential Real Estate Broker
  • from Saint Louis, Missouri
  • Member since Dec 13, 2009
Connect
Peter Mackercher
  • Residential Real Estate Broker
  • Saint Louis, MO
8
Votes |
15
Posts
Buying & Selling Real Estate

Buying Large Complexes +100

Peter Mackercher
  • Residential Real Estate Broker
  • Saint Louis, MO
Posted

I'm confused on how people go about buying +100 and more unit buildings.

questions

1 Are they bringing 20% down (that's a tun of money i don't think i will ever not have it invested in something else)

2 Does the building qualify or does the borrower qualify

3 Is there and extra escrow account for repairs that you have to fund at closing.

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