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Updated about 6 years ago,
Rough neighborhood creative investment leveraging carry back occp
Curious to know if anyone has done a deal in a rough neighborhood (where collecting rents might be challenging) where one multifamily occupant is a offered the asset with investor carrying paper? I'm looking at Steel Belt areas with two challenges. 1. sketch neighborhoods and 2 difficult to find management. Could this be a solution? Or some variation of this idea?