Your grandchildren can get a piece of Grand-ma and Grand-pa's legacy...

These are 100+ unit institutional level developments.

I don't see any lending institution providing funding for this either.My 2 cents.

MA is tenant friendly, you won’t be able to get rid of bad tenants fast.

I read on another post someone suggesting using Ally Bank fire their accounts for each pretty because they offer "buckets" within each account to keep track of funds.I was wondering if there is a particular financial institution that people prefer and why?

I’m looking to get educated on 1031 Exchanges in Massachusetts.

@Daniel Fisher hi Daniel, I ran into this in Massachusetts but eventually found a handful of credit unions and small local banks that were willing to work with me.

There are institutional lending options without the personal guarantee but they are not usually very economical at that price range.

If the property is owned outright by the owner ie no mortgage then there is a 99.9% chance they will pay up or sell as they arent going to lose 300-400k.If the property is mortgaged the bank will cure the note as they aren't going to lose say 200k over 10k.In many states large institutions will buy up/bid tax deeds for what seems like small profits as even 3% return in 3-6 month will juice up thier numbers.

I live in Massachusetts, just north of Boston, and It seems that all opportunities are eaten up within HOURS of going on sale.