Hi guys,I got lucky in the Bay Area housing market and was able to buy my house pretty cheap. I'm planning to sell it soon to take advantage of the 250k tax exemption, and invest it in MFHs in other areas while rentin...
Hi, Joe here new to the game! My end goal as I’m sure everyones is to create passive income. Anyone start by buying apartment complexes? Would you do it again knowing what you know now? If I can make my first purc...
I have interest in a 40 unit LIHTC apartment complexes. It was built in 1999 and is past the initial 15 year period. The agreement they have in place is Low Income- all 40 units must rent to tenants with income 60 pe...
What if no other insurer will provide a new policy, but my lender requires full ongoing coverage, and would treat a naked situation as a default, meaning immediate loan repayment or foreclosure?
An upcoming refinan...
I am a new investor and I have flipped one home and bought one rental in the past 9 months. Both were very good deals for me. My "insider" who brought me the leads on these two has brought a couple of apartment comp...
Hello all,I am looking at acquiring my first apt complex and I'm not sure exactly what information is necessary to provide to my money partner.I already have a vague picture through having effective gross income/opera...
Hi,
I'm going to be purchasing a apartment complex (or a few, depending on how much I have to put down) in the near future. I have a personal credit score of 750, an income of ~110k, and 200k in liquid assets.
I'm ...
Hello, I'm looking to invest in an apartment complex. This will not be my first investment but it will be my first multi family and I'm looking for private lender suggestions or any help I can get. In the past I've be...
Hi all, I am a mechanical contractor breaking into multifamily. I have done some remodel but I am bidding my first new construction project of 294 units. I would like to know what subcontractors typically ask for upon...
Just curious how everyone establishes value of a given operating apartment complex. I have an eight unit complex that rents for $575 a month per unit. Built in 1977 and somewhat updated. I put a new roof, windows, p...