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Updated over 5 years ago on . Most recent reply

User Stats

265
Posts
18
Votes
Gp G.
  • Investor
  • Atlanta
18
Votes |
265
Posts

multi family deal for 5 or more units

Gp G.
  • Investor
  • Atlanta
Posted

Looking for multi family deal for 5 or more units around 250k-300k budget. I am open to any location as long as numbers makes sense. Where i can find the deals. Are there any type of help i can get from anywhere to filter best deals as i am not much familiar with this process. I am still learning and I am a software engineer not much familiar with commerical multi family deals. Please advise

Most Popular Reply

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1,217
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903
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Chinmay J.
  • Investor
  • Northern, VA
903
Votes |
1,217
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Chinmay J.
  • Investor
  • Northern, VA
Replied

You can get great numbers on paper in say Baltimore city, but are you OK with that area?  Have you ever been to inner cities where drug dealing and crime are rampant.   You might want to rethink your stance when you say that you are open to ANY location as long a numbers make sense.. 

You should really start out with the location first, and then see what you can buy with the budget you have. As far as getting the deals you can get them through BP Marketplace, MLS, your own marketing, relationships with banks and brokers, auctions...

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