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Updated about 9 years ago,

User Stats

9
Posts
3
Votes
Bernard Garcia
  • Houston, TX
3
Votes |
9
Posts

362 Apartment Sell?

Bernard Garcia
  • Houston, TX
Posted

Hello,

I found a apartment complex that has a lot of issues, It has 52 units that was damaged during a fire, property has a lot of cosmetics issue, and property management issues.

They do have good cash flow, they are ask $11.8 mil for property. property is located is a good neighborhood. problem is i do not have good credit (575-615) and no money to put down. I looking for help on how to start this  process. This will be my first deal attempt. But i believe that the property can be turn around and have a real positive cash flow. Any suggestion?

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