Newbie here at BP... I've been listening to past podcasts and am interested in learning more about multifamily/multi units. I heard that a property more than 4 units is considered commercial property and financing b...
I am looking at Multi-Units (3+) that will give me a possible profit that I can live in and rent two. I am from Boston, MA and want take advantage of a 3.5% FHA loan. I found a unit that has a 1BR on the first floor (...
I'm going to look at a 7-unit apartment building next week. Its currently fully leased, and on paper (assuming 50% expenses) it cash flows very nicely. Any land mines I should be looking out for? If I pull the trig...
I am glad to join this group. I am interested in multi units in Grand Rapids & Kalamazoo MI.I have found some for sale .I would like to learn about buying with no money down.
I wholesale properties and am finding there is another formula for multi units. Most 'multi-units' I think are really expensive. For example a 4 plex with a monthly income of $2200 a month with a price tag of $220,000...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Oklahoma City.
Purchase price: $11,055,000
Cash invested: $2,763,750
Two large multi unit apartment complexes, total...
I am currently on the search for an 10-15 unit c-class multifamily (purchase via 1031) in the $1M range. When analyzing and running numbers, what tends to be the difference in expenses (repairs, cap ex, maintenance.....