I'm not aware of any way to buy a secondary residence with only 5% down.A more realistic suggestion is some sort of owner financing.

Sometimes some sort of agreement and trust can get you long way, and avoid people you smell troble from.

Reading another post got me thinking about this again.For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you resident manager signing authority on bank accounts and/or allow them to handle finances?

Use the site to get a solid foundation as you get more involved in larger investments.

So, just based on that sort of concept of capitalizing on every available asset, I am kicking around the idea of getting another rent out of the duplex and turning it into a triplex.

I'm a newbie to commercial (I've been exploring it for a while now) but have residential experience.If I find a commercial property, in this case, a larger multifamily, that has it's own LLC as it's name, and, within that LLC are 2 employees and several service and management contracts...is there a way to buy the entire COMPANY, meaning, the LLC, the real estate it holds (which is ~95% of the value) down to the point that the telephone number, etc remains intact?

With ID theft on the rise i really dont want my picture and ID card floating around out there without some sort of guarantee that the information and picture are protected.

More options promotes competition and is great consumers, but it's also more to sort through.

Turns out his idea was a shell for pocket sandwiches, like a soft taco shell, but larger for big wraps.....well, the world already had that basically.

Jeff -- Yes, as soon as it became clear that they manage property *for others*, then that changes the tone of things, sort of puts them on the other side of the fence in some respects.