If you're looking at an empty apartment next year and a few grand to seal the siding, get a quote to replace your siding and consider the options Good luck!

(less docs to qualify, higher cost) A national portfolio lender I use when needed offers rental loans at around an 8.5% interest rate, and a few grand in costs.

I like Grand Rapids: above average population growth, diversified and modernized economy and cultural depth in art and craft brewery scene which I think makes it desirable.

If you have to do a full blown site plan you could spend a few hundred grand there, depending on utilities and infrastructure a few hundred grand and depending on what your building (warm dark shell, cold dark shell) and what type of retail (restaurant etc) costs vary significantlyAlso are you providing TI ?

Life is a gamble , but if you need to borrow 1 to 3 grand to get started , you wont make it unless you are lucky as hell .

I was making this post to see if anybody has ever bought 8 units plus in any of the Rio Grande Valley cities like McAllen, Brownsville, Edinburg, Donna, Harlingen, Mission, Weslaco, etc. 

So we are back to having a value of about 8 million on spec value. and we are spending money lobbying to get our land use changed again through pork barrel legislation other wise My grand kids or great grand kids are going to think i was a pretty cool dude when they cash in 30 to 40 years for 100 million LOL..

@Winnie Rim While each store will have it's own incentives and discounts, the savings are negligible in the grand scheme.

Bad areas in LA means break-ins, assault with deadly weapon, grand theft, and rape.

We would be able to afford it and live happily ever after, but we would break even on the home that we currently have and lose either 1. 80k that someone else pays/2.a grand every month for life/3. possibly a sale of the house at the $100,000 mark (went for $130k in 2006).