Two investors did there research and homework and were about to break ground on a new condo project.

What are your opinions on renovation of apartments to condos?

I would think we are talking about a condo or town home given there is 1 structure legally divided into two.

Ok, this is technically my first real deal on my own.Foreclosure in my town, found out about it via them coming to look at my current house that I'll be renting out.Property-2/3/4 bedroom half double, 1.5 baths (the 2/3/4 is its basically a 2 right now, with a 3rd being a walk-through into the master.

we used to just do residential loans but my eyes and the owners eyes were always looking at bigger and better things.well we started doing international project funding for construction projects such as hotels, casinos, and condo developments (and of course the raw land projects in costa rica everyone seems to love).a few months ago my boss got rid of our residential side and now it is just the two of us.

does anyone kown about the condo "allure" in las Vegas?

I just funded a deal for a rehabber with that amount of fixup in an 800 ft. condo for $4K.

Though i expect to contract for $255,000 Details follow. 8 plex renovated in 2006 and 2007: new roof, all apartments new carpet, painted, new windows, new lighting fixtures, new kitchen cabinets and appliances.4 two bedroom and 4 one bedroom all with w/d hookupsCurrently 100% occupancy with 1 year leases.Sheduled gross income $3300/monthtaxes and insurance $2500estimated maintenance $1800all apartments on separate water and electriclong time handyman on premises gets rent reduction for service.

We purchased a 2 bedroom 2 bath mobile home and placed it on a section of our property and rented it out last year.

^^^ I know that, I am doing my city, but I am trending for several US cities for statistics.I need to include cities I am NOT located in also.edited: criteria I am looking for: 5 or more units in complex, 2 bedroom/ 1 or 2 baths.