Typically there is pre-printed contracts and addendums used and then an attorney handles the closing with title only doing the title search.Attorneys are used in more complex transactions however that require a bunch of custom language.

I may just start dropping the price, as I'm currently looking at going in on a small apt complex with a few others and would like to have the funds more liquid.

Read rich dad poor dad...but I am not that kind of risk taker...so I did it "my way".I don't do much deals in my slow ten years... but each are different, for education purposes.Condo...new construction...retail commercial complex... free standing retail commercialBuying...renting...selling...options.....contingencyI learn along the way.But a road map is better than just chugging a long in my opinionKey is not be the smartest tool in the shed...surround yourself with knowledgeable ppl

If I purchased a apartment complex that has good occupancy and is undervalued (I have found some), use transactional funding to purchase then refi with private money loan, I think it is possible to get a property next to no money down maybe even getting some cash back lol Let me hear some feedback on this and see if it's a great idea!

LolI ran down the street (home in my friends complex) talked it over with my friends.It took a good long talk to compare notes..he said she said stuff.

I Think You HAve Every Right To Serve The 90 Notice If You Intend To Occupy The Residence On Property Regardless Unless Its A 300 Unit Complex Of Course.Also The Law Says You Have To Give The 90 Day Notice "When there is no lease or the lease is terminable at will under state law."

The comps in the area are selling anywhere from $340K to $440K... the only problem is the house I'm purchasing happens to be at the edge of the neighborhood where those comps are listed, which happens to be on a fairly busy road and a condo complex directly across the street.

Maybe you get that apartment complex and need someone to do some repairs or cleanup.....have skills in that area :).

Hi BiggerPockets

This property is currently off the market. Seller is supposed to be working a number up for me....

Here is the info:

2 brick buildings each with 4 units. Kitchen, living room, bathroom downstairs w...

A single family dwelling is much less work than an apartment complex but much less cash flow.