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Updated almost 14 years ago on . Most recent reply

User Stats

123
Posts
26
Votes
Josh Sterling
  • Property Manager
  • Wyandotte, MI
26
Votes |
123
Posts

Where to look for Multi-Family?

Josh Sterling
  • Property Manager
  • Wyandotte, MI
Posted

With all the Multi-Family/Apartment talk lately I've been thinking more about it. From the start we have wanted to get into apartments, but have yet to find a building where the cashflow can compare with SFR in our area.

I thought the reason was that MF buildings were held by investors and they were not willing to come down in price, or not getting forclosed on because they had cashflow, but I'm starting to think I'm just not looking in the right places.
Driving around, I have noticed that there are alot of 6-20 unit apartment buildings. Some of these have to be bank owned? right?
Where can I find MF listings other than the MLS or loopnet?

Where did you find your first MF deal?

Most Popular Reply

User Stats

271
Posts
52
Votes
Stephen Moore
  • Real Estate Investor
  • Lake Charles, LA
52
Votes |
271
Posts
Stephen Moore
  • Real Estate Investor
  • Lake Charles, LA
Replied

get on loopnet,and the brokers/agents that have those deals call them up adn ask them to set u up on a email alert system,these are the agents with the deals,u can also call up local offices and ask to speak with the commercial agents

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