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 8 years ago,

User Stats

24
Posts
3
Votes
James Andrews
  • Philadelphia, PA
3
Votes |
24
Posts

Purchasing a 5 unit Apartment Building

James Andrews
  • Philadelphia, PA
Posted

Hello, all

Let me begin by saying that I am a newbie at investing in real estate. I have been searching my local area and happen to come across a 5 unit apartment building, which I would love to acquire to start my portfolio. With very little capital, I am thinking about contacting a private money lender. Should this be my first step in trying to purchase this apartment building? If not, why?

Loading replies...