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Updated over 9 years ago on . Most recent reply

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191
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Logan Hicks
  • Business Owner/Investor
  • Millersville, MD
71
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191
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26 Unit complex, 185k

Logan Hicks
  • Business Owner/Investor
  • Millersville, MD
Posted

Im looking to buy a 26 unit complex, its buy point is 185k, its city appraisal is 150k, its comp ranges in the 220-600k range.

Im looking for funding, but I have bad credit. My options?

Most Popular Reply

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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
3,308
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied
Originally posted by @Logan Hicks:

Im looking to buy a 26 unit complex, its buy point is 185k, its city appraisal is 150k, its comp ranges in the 220-600k range.

Im looking for funding, but I have bad credit. My options?

 I know your post is about funding, but I am more interested in the property itself. I am trying to imagine a 26 unit building that you can buy for $185,000. I am seeing an abandoned/condemned building with vagrants living inside. All the units are 1 bed/1bath, and it is located in a war zone. 

  • Anthony Gayden
  • Podcast Guest on Show #21
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