Maura Paler
Converting NYC Apartment Building to Condos - can it be done?
We live in a 4 unit building that is currently apartments in NYC. The owner would like to convert to condo, but apparently this is a very tricky and expensive thing to do in NYC with tenants in place. If he is able to...
Brian Brantley
Comps and cap rate range on multi family apartment building
I am currently trying to run comps on a 2bd 1bth 3bd 1 bath & 1bd 1bth multi family apartment building. I am having a hard time running comps due to the difference in the units, as well as knowing a good cap rate ...
Daniel Alhadeff
Siding and dry rot issues at apartment building under contract
Hello BPers!I am under contract on a small apartment building in West Seattle. The inspection came back with some dry rot issues along with water intrusion effecting the siding and may need a full residing / recladdi...
Joshua D baker
Thoughts on buying a apartment building right now? Politics COVID
So I bought a duplex a couple months ago and I’m looking at a 15 unit apartment now. I’m planning on using equity from a rental home that I have paid off. Do you think now is the right time to dive in???
Adam Craig
Help with review of financials on 24 unit apartment building
I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.
Below the income numbers they ran some numbers for financing at the fu...
Syed Naqvi
Checklist to buy a Multifamily building or an Apartment complex
Hello Folks: I am trying to make a checklist in which I want to include almost all the points to be considered in buying a Multifamily or an Apartment complex of 40 or more units. This checklist can anyone use to quic...
Josh Thomas
How to structure JV on apartment building deal / private lending
Looking for advice as I'm getting closer to putting in offer for on an apartment building in Texas. For those of you who have done deals with partners, how would you structure a deal as follows?I found a 54-unit apart...
Bellman Tumasang
How to get a non recourse loan for apartment building?
If I’m buying an apartment building for the first time how would I go on about getting a non recourse loan where it is secured against the asset itself? I’ve heard to do this you need 35% down? What about a good DSCR ...
Dennis Perry
Purchasing my first apartment building (8 units) for under 350k
Hey Guys,First Post. I recently got my first investment property (SFH) and I will be wrapping up soon. In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k. At first glance...
James Otto
16 Unit apartment Building with 2 Bedroom rancher next door
I came upon a deal of a senior couple looking to retire. There selling a 16 unit apartment complex with 2 bedroom rancher next door. My wife and I are interested in the apartment complex, and could care less about the...