Hey guys,I have a pretty nice deal for an apartment sitting in my lap. Its a bank repossessed condo apartment going up for auction. It is specified that the apartment is occupied. Can anyone shed light on their though...

Exploring options for financing first apartment complex that is 16 units. Looking for long term debt. Does anyone recommend any certain type of loan product? Freddie or fannie mae loan? Anyone have available current r...

BPers,Is there a rule of thumb about how much cash you should keep on hand, beyond the aquisition cost? As I am drafting my budget for my first MF Apartment acquisition, I want to make sure I am not over-leveraged.Str...

So a mixed use 4-plex with 3 apartment units and one storefront unit. 1. Would this require a commercial loan rather than a conventional because of the storefront unit? I know that 4-plexes generally can use conventio...

Investment Info:

Condo fix & flip investment.

Purchase price: $1,200,000

Cash invested: $220,000

Sale price: $1,561,000

Three unit, four level apartment building. Purchased and converted to c...

Hi there,I recently bought a 7-unit multifamily apartment building in Connecticut with owner financing.  The building was $400k and the owner financed $315k at 6.5% amortized over 26 years with a balloon at year 5.  T...

Looking for info from BPrs that bought apartment building using owner financing 20%Looking for the proper way to write offer asking owners to finance the 20% needed to buy apartment building.Offer 1.3m, would like own...

Hey BP,I need to know if there is any legal recourse for the situation my wife and I have found ourselves in.We applied for a mortgage on a condo in the Cleveland market, we received the pre-qualification and placed t...

I wasn't sure which forum I might get an answer on, but since this relates to Commercial/Apartments. As its tax season, so hard to get the attention of an accountant on this one right this second. So here goes:For "go...

Hello,I am looking to buy my first Duplex in the New Orleans market. My strategy is going to be house hacking the property. I have analyzed 300+ listings and crunched numbers on many of them. I have toured 6 propertie...