Hi, I need to obtain the building financials for a unit I am interested in purchasing but the management company is not allowed to release since the current owner is in default and will be going through a foreclosure at some point in the future.  

There are both FHA and conventional loans available which allow you to finance renovation costs. 

It will not allow me to post her contact info - but if you google Remax Elite Services on Broadway (Grove City) and ask for Emily (or Frank, her associate) - they should be able to chat with you.

South Carolina Investors:Does anyone know of any South Carolina banks that will allow subordinate financing on investment property (residential or multi-family)? 

I have a project where I've demoed several soffits and need the can lighting that was in them properly terminated.

I've purchased my first three on my own, but am definitely going to be partnering on some individual deals for sure to allow me to be able to do more. 

@Matthew Hipp, Funny, i just listened to it and that's what caused the light bulb to light up haha.Thanks!

I'm not sure how other banks handle that but mine allowed me to do whatever I wanted. 

Because your principle and interest payment is probably hovering around $2,800/month, not including property taxes and insurance, maintenance and any allowance for capex.But forgetting about cashflow, your return, even if had NO expenses or payments of any kind would be around 3.6% based on a valuation of $1.3m.  

Gino literally wrote the book on mom and pop apartments....Wheelbarrow Profits.Look for...Below market rentsOvergrown or not maintained landscapingDeferred maintenance on the exterior facadeNo online presence or marketing (word of mouth or signage only)All white interior paint schemesDated lighting and plumbing fixtures100% occupancy (can suggest below market rents)All rents in increments of $25 (a lot of money to be made in smaller increments)2 - 10 year residents at rent rates below new tenantsNo late fees in the P&LSelf-managing (tiring)Self-maintenance (a lot of work)