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Updated over 7 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Justin Yocom
  • Investor
  • Knoxville, Tn
3
Votes |
16
Posts

Financing for purchasing goals

Justin Yocom
  • Investor
  • Knoxville, Tn
Posted

Hello, I would like to start out by saying I have a strong passion for real estate investing but at this point I have just really started out. Im 21 years old and I have purchased two rental properties at this point. My ultimate goal is to purchase apartments. I could be asking in the wrong section but what type of requirements does it take to purchase an 8 unit apartment complex at 499,000$ that has net operating income of 130k? What is the best way for me to reach my goal of purchasing small apartment buildings? 

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