Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

38
Posts
9
Votes
Chris Cliff
  • Lynnwood, WA
9
Votes |
38
Posts

60 Day Challenge To Buy My First Apartment Building

Chris Cliff
  • Lynnwood, WA
Posted

For an embarrassingly long time "Buy an 8-12 unit apartment building" has been on my list of things to do. It has been talked about, pondered, debated but has never happened.

So, my thought is to make it a 60 day challenge and document the whole damn thing.  

What I would like is some opinion on just how crazy am I, how possible this is and so on. 

Essentially I'll be starting from scratch.  I'm not dead broke or anything (thought that would make for a better story (Man buys apartment while living in a card board box), but I'm not sitting on enough cash to plunk down 20% or have credit score that makes bankers salivate.

Pretty much at a point where I have to make this happen to save my sanity. 

Thoughts?  Potential hurdles?  Open to any and all input.

Loading replies...