Cash invested: $50,000 LLC Investment in Apartment Complex

@Brian Hamel , get more properties or a multi family complex and get a property management team , just hearing you say that you do the repairs and manage makes me cringe, at least for me real estate is to give me freedom not to give me another job

The complex must be 51% owners and no lawsuits to go FHA, and no lawsuits for conventional.

It depends on the state, the actions of the borrower, the “bias” of the particular court should the borrower file an “action” (bankruptcy, wrongful foreclosure, temporary restraining order, non enforceability of mortgage or deed of trust, etc.).

I believe every court system has a method of withholding rent when landlords are not fulfilling their obligations.

Hey everyone I’m looking to purchase my first complex .

Hey everyone I’m looking to purchase my first complex .

Have you owned an apartment complex like this before - if successfully contacting the owner and the rare chance they do want to sell are you prepared to obtain commercial financing?

I'd prefer not to take things to court/sue.

I understand Newark CAN be a hassle for newer small investors, due to renter friendly courts and low potential low quality tenants.