The journey from flipping houses to investing in an apartment complex can seem daunting at first, but with the right guidance and plenty of patience it is definitely achievable. Before taking the plunge into a larger ...
Two years ago I purchased a 200+ unit apartment complex in Dallas, TX for $6 million that appraised at $7.4 million at closing.The purchase was 100% off market as I located the deal by doing a targeted direct mail cam...
Looking for thoughts / advice on finding portfolio lenders or other financing that may lend on properties on the FNMA do not lend list. There is a development that I like, but it is on that list due to the high volume...
I'm getting close to having the first 8 units of my 20 unit rehab ready for paint! I really would like some input from fellow BP'rs on this subject. Here are my thoughts....
Initially I was going satin or eggshell on ...
Came across some gold a realtor sent me, seeking advice on how to creatively finance 85% of the purchase price of a 26 unit apt complex. My partner and I can scrape up the other 15% or $110k. How would one go about pr...
I am looking for a mentor that can help me accomplish this goal. I want to get into larger multifamily complexes. I am looking at investing in Ohio, possibly Cleveland suburbs. I am looking for someone who has already...
Hello BP family,I am near closing on a substantial cash-out refi with my CA condo (single unit rental). The lender is at a road block with the Fannie Mae/Freddie Mac owner occupancy requirement that at least 50% of th...
Situation:There's an apartment complex that due to some severe mishandling, was about to be foreclosed. Someone came in and loaned them the money to pay the back taxes and fees, charging hard money rates.- Loan amoun...
Hi Friends, I have client looking to buy a Seattle/Tacoma area apartment complex to complete a 1031 exchange. Does anybody know of anybody who might have something to sell?JoshJosh JacobsenGig Harbor Real Estate
Our company has transitioned over the past 5 years from fix and flipping 3 to 16 unit buildings to fix and flipping/acquiring undervalued and neglected 40+ unit complexes for forced equity appreciation through renovat...