Therefore, that makes for better opportunities with multifamily apartments, anything 3-5+ units, because if you analyze a specific property, its true NOI (not proforma), and the market value based on the current CAP, then you can make the appropriate offer. 

Hello everybody,I'm thinking to follow through with a deal in Houston (zip code 77449).

I've seen and been a part of the extremes, its not for the faint of heart..

You might be able to get someone near the subject property to help you for a part of the profit. 

This is a part of all government loans.

However, I would not advise you to invest in multifamily there as the market is saturated with newer apartment complexes offering great amenities at low prices.

My parents are selling multi-unit (10) apartments, which is part of an LLC. 

Is it legal to raise funds for an apartment building?

I do recommend in getting a part-time job so you can insure that your living expenses are taken care of while you are learning the game. 

Hard for ME to believe there was really another offer that fell apart in six days.