Hi all, I am working on a deal and wanted to get some thoughts. Here is a summary of the property:- Located in central CT (in Bristol, CT) - B-/C area (blue collar, but nice area)- 20 unit building- Asking $985K- Buil...
Looking for debt/equity partner for acquisition of apartment complex
I have been presented with an opportunity to buy 20 duplexes and 1 seven unit apartment. The details are as follows.20 duplexes - $1,300,000 – average rent is $700 / unit ($28,000 per month) 85% are 2/1. There is a...
I am a complete newbie, but I've been searching for property dilligently for the past 6 months and I believe this one has potential... what are your thoughts?# of units: 20all 1 bedroomall 360 sq ftasking price: $379k...
What are major qualifications to purchase an apartment complex?How much down, how much personal income do I need, how much in reserves?
I'm just starting out as a real estate investor. I've read a lot about different investment techniques and strategies. I'm curious what is the best way to start out with investing. Should I buy a single family home to...
Hello BP community, I want to create indoor/outdoor micro sports facilities by purchasing or leasing dilapidated buildings and lots and transforming them into member-based soccer facilities. Please refer to “http://ww...
I am trying to use mortgage-conventional loan to purchase a condo investment in a high ratio of non-owner occupancy condo complex in Orlando. Does anyone know what my chance be to get approved by the bank?Thanks.
Hi Everyone,My first post! I'm excited and humbled, hope to learn from all of you and contribute as much as I can as well toward group growth! I'm looking at my first apt complex, price at $825k. 3 units:1. unit 1:...
I'd like to firm up on agency financing and am looking for a clear and concise source to learn from. I'd like to learn more about the individual programs available for multifamily loans (apartments) of $1mm up to $10m...