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Updated almost 15 years ago,
Totally new at this commercial thing, but knows a good deal when she sees one!
I have found an apartment complex for sale for about 2 mil. I want it! I have no experience with commercial properties and bad credit. The place needs tlc but already has 55% occupancy. Something like 45 1 br's and the rest (55) 2 br's. Located in a good rental area. Can someone give any advice on a strategy to acquire this potential almost half a million dollar a year investment?
Any wings that I could fly under? Any coat tails I could swing from?
P.S. I hope this is the right place to post this... I just got out of the negative. :oops: