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13 March 2024 | 16 replies
From my experience, assignment contracts are generally poorly drafted and the underlying sales agreements are customarily drafted even worse which adds an additional layer of complexity to sift through.
11 March 2024 | 2 replies
No lender will finance 100% of a $4.6M apartment complex.
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12 March 2024 | 40 replies
June year we closed on a 10 unit complex that was 0.9% that is cash flowing nicely.Don't believe the nay-sayers that 1% deals no longer exist.
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11 March 2024 | 40 replies
Especially, if you have unit or complex numbers, forget it.
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11 March 2024 | 20 replies
Have you gone through an appraisal on a 2-4 unit complex?
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11 March 2024 | 8 replies
Be careful of firms trying to sell you on $7k plus packages and complex entity structures.
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11 March 2024 | 19 replies
Another challenge is that in downtown they are building so many new units every corner has a new apartment complex on it which is going to drive down the rents for a while.
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11 March 2024 | 39 replies
So unless you have 20-30% for the down payment on a 5 -50 million dollar apartment building/complex, then you are going to need to raise money for that.
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12 March 2024 | 75 replies
It is a more complex calculation when house hacking.
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9 March 2024 | 0 replies
FB had generally terrible leads....So where are smaller complex's getting good results?