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I have talked to two lenders out of state to secure financing (Freddie Mac Fannie Mae non recourse with 20 percent down ) they are telling me I am able to secure a 2M loan. What should I look out for as I search for a...
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Hi All - I'm currently evaluating the pros/cons of transitioning a 48-unit apartment complex's boiler & chiller system to either PTAC or Ductless Mini Split for heating and air. I was curious if anyone had feedba...
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Hey everyone,I'm evaluating a small apartment complex, over 4 units, less than 12 and was wondering about financing.Is this going to be difficult for me to get without any other deals done?What's the minimum down paym...
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Hi,
What are the top 5 markets for Class B and C Apartment Complexes?
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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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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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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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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,...