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Updated almost 5 years ago on . Most recent reply
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Just curious about apartment complex loans
Okay. So I was just wondering, how many apartment complex loans can you have at one time? Also if it takes like 15 years to pay off a building, how do people move up so quick getting more and more buildings?
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@Jason Barnes you can have as many loans as your net worth and capital will support.
People move up quickly by forcing appreciation on a property, selling it, and rolling the gains into a bigger property. No need to wait until the loan is paid off to do so.