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 ...
Laying aside the wisdom of buying a condo as an income property, are there any details to consider when looking at a small condo complex versus a larger one? "Complex" may be too fancy a name in this case. Here i...
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...
Looking to get involved in the Knoxville, rental market. Currently hold three condos in NC and saw Knoxville is a very strong rental market, especially near UT. In researching of course have come across many units for...
Hello, I am curious if it is possible or how difficult it is to get a HELOC on a paid off apartment complex. if possible what would be the LTV you could get? How does the bank value an apartment complex.Thanks
Hey all,My husband and I have been fairly active in buying and managing single family properties in the areas we live (actually we just bought our first duplex last week!) and currently own 6 properties that we have r...
I have been buying single family homes and I am now going to try the apartment side, Any advice on questions to ask apartment owners when going door to door asking if they are interested in selling?
I am looking at purchasing a couple of complexes that have HAPs contracts assigned and have some questions. Anyone out there have experience with these types of contracts that would be open to answering some questions?