Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Needing some advice please.
I have been eyeing a triplex in my neighborhood for some time now. This is not being foreclosed but it seems they are letting some things go that should be fixed. First thing I need to know what are my financing options to very little money down to buy this. Second thing is how to approach the owners of the property. I have there current address and the amount they paid and the year they bought it. I was thinking of sending them a letter on the property with an enclosed photo of the damage that is occurring but I need some direction on the wording. These have current tenants in all 3. The units never set for anymore than a few weeks without tenants due to the school system and neighborhood. Any advice will be well taken and thank you in advance for any help.