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Updated over 14 years ago,

User Stats

3
Posts
0
Votes
Jt Franklin
  • Real Estate Consultant
  • Portland, OR
0
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3
Posts

Looking for advice to buying an apartment *Investment opportunity*

Jt Franklin
  • Real Estate Consultant
  • Portland, OR
Posted

While I know this is my first post.. I am mainly a lurker, I like to get all information I can.

Here is the scenario, I have an opportunity to buy an apartment complex for 18,000 dollars and it needs to be fixed up, etc.. I don't have any of this money to invest in nor am I getting it anytime soon. I had seen an offer where someone will loan you the money upfront if you put a 500 dollar processing fee up. It seemed legit and I never got the money.

I don't have the best of credit. i thought about starting a business entity in order to make this happen.

Does anyone have any suggestions or ideas or anything creative to say in regards to this.

I know it can be done but I just don't know the direction I need to be pointed in.

Thanks,
Jt

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