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Updated over 5 years ago on . Most recent reply

User Stats

623
Posts
336
Votes
Bryan Mitchell
  • Rental Property Investor
  • Columbus, GA
336
Votes |
623
Posts

Purchasing Medium Multifamily on Loopnnet

Bryan Mitchell
  • Rental Property Investor
  • Columbus, GA
Posted

Has anyone used LoopNet to find a medium sized multi family apartment complexes and actually close on it?

  • Bryan Mitchell
  • Most Popular Reply

    Account Closed
    • Rental Property Investor
    • Hattiesburg, MS
    11
    Votes |
    4
    Posts
    Account Closed
    • Rental Property Investor
    • Hattiesburg, MS
    Replied

    @Bryan Mitchell I’m currently househacking in a duplex detached that I found on LoopNet. It was a killer deal. When I’m able to move out in a few months I will clear $400 per door every month. I’m very new to rei, I have this property purchased in July and under contract for my second to close Friday, so maybe I had beginners luck. I personally watch loopnet as much as anything else and had no idea that “it’s where deals go to die” 🤷‍♀️. Maybe that’s how I was able to snag it so easily because everyone else assumes there’s nothing there.

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