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Investment Info:
Large multi-family (5+ units) buy & hold investment in Dallas.
Purchase price: $14,000,000
Contributors:
Linying Zou,
Kristina Stevenson
Acquired 111-unit apar...
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We are in the due diligence phase of an apartment building purchase. It appears that at least one tenant is receiving section 8. What types of forms/certifications/paperwork that are section 8 specific should I be r...
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Hello,Could you please advise on how to find a private lender that is willing to lend money for repairs on a multi family with a 2nd position as security? I know that lenders see this as more risky, so my questions is...
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For any condo complex (say 30+ units) what is the difference in price for each of the condos in relation to where they are located within the condo building? I.e. Are units facing street and corner units worth more mo...
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Okay ladies and gentlemen investors I'd love to hear your thoughts on this subject! We are just starting on this journey and could use some of your strategy ideas. This is my situation, My business partner and I ar...
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Hi,I am currently in contract to buy a condo/townhouse as an investment property in Alameda county in CA. The contract is for 390K, my credit score is above 760 and I want to put 20% down (25% if I really have to buy ...
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There's a 28 unit available in my area and Id love to find a buyer for it but the broker says its only available to non-profit corps for the first 6 months or so before it goes up for sale to investors. Has anyone hea...
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We have group of few investors wanting to expand our portfolio into owning mom & pop apartment complex that will allow us to secure the property using non-recourse loan.... we do not want to go into syndication bu...
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Hi everyone, I’m in the Las Vegas market and I’m looking to transition from SFR flips to multi units flips going after“mom and pops” type owners or tiered landlords 10-20 units type. The problem I’m facing is how wo...
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Hi Everyone,
I have a 16 unit apartment complex that I currently owe $490,000 on. I cash flow after all expenses plus 10% Capex, 5% repair and 5% vacancy about $70,000/year. I have an offer to purchase for $1,300,...