I see it more beneficial if your cash flow is $15k+ annually and/or if it's an apartment complex.

I am looking 10-15 unit complexes in Asheville and have little knowledge of the property management in the area.

The benefit will be based on how creative you make your strategy.My suggestion here is a complex one; and you will need an experienced attorney on your team.A Great Opportunity Is Knocking For You!

if I want to purchase an apartment complex and the current owner is asking for a 20% down of the selling price and I have 8% of that 20% down payment , can the bank loan me the other 12% ?

College dude, "Yaa its sweet bro, its a steal compared to what my other buddies are paying for crappy rooms in Campus Walk (a huge student housing complex).After hearing this, I had to take a closer look!

For example, if you own a class A apartment complex in the urban core you might see some really stiff competition which would mean your rents would stay flat or even dip over the next 5 years.

Your taxes will get more complex with rentals.

Anthony,First, a 5 unit apartment complex will be considered commercial real estate not residential. 4 units or less is residential.

Not to mention being able to free up our current equity for investing.This was all before we were even looking at investing in real estate.I am of course now trying to see if we would be better off purchasing an apartment complex instead of just renting.

I am taken back at the complexity and efforts this agent and husband have gone.