Hey guys,We have the opportunity to pick up a vacant apartment building with 10 units but after talking with many different lenders it seems that nobody is willing to finance a commercial loan on a building that is not producing income.Our plan is to purchase the property, complete a mid/high-end rehab, and begin renting out units as soon as possible.

What city produce the biggest profits( cash flow+equity) for SFH rentals in the nation since 2000?

HII posted this summary to help a beginner investor in Dallas Ft Worth yesterday...thought there might be some info you could use too...Hi as a beginner investor with the flexibility you have to move often and LIVE in a propertyyou can have the best of all investor  situations with best loan terms, owner occupied PRIORITY TO WIN HUD BIDS and get bank foreclosures, all while maintaining complete control over timing, tenant selection and growing your appreciating income producing portfolio at your own pace.

I would then demand that money and if she fails to produce it I would sue her. 

The value of the building is linked to the income it can produce.

I do believe that whatever office you do choose my two factors were what are they going to pay me and who are the top producers in the office I can learn from including the managing broker. 

The 4 in 4 and 8 in 8 which was just really 4 more 4 in 4s is just a way to produce predictability.  

 - It is zoned commercial - asking $565,000.00- we would like to covert from a law office into a fresh produce market - I believe he owns it free and clear 

Try to stay focused on income producing things.Do not cut any corners to make something better looking.  

One thing you should have a solo 401k and be maxing that puppy out.. the buy GREAT performing notes in it.. and or as other suggested do some syndication investments.. those are ALL about the sponsor.... you need to be very careful who you pick when you do those.and a Roth IRA as well.. go see a real good CPA and do some planning... if you like flipping nothing wrong with that.. but buying some income producing assets will help on tax's just depends.I would also look into MHP in those areas those can be a very nice little cash cow machine ...