For most new investors, buying an apartment building might seem like a daunting task that's too difficult or expensive to achieve. I used to think that myself, until I closed on my first 12 unit apartment building, and realized that the whole process isn't that much different than the process I'd already learned to buy a smaller rental property. The biggest benefit is the scale - with one purchase I was able to double my portfolio, while buying an asset with many tenants to mitigate the risk of a few vacant units hurting my cash flow.
While the barrier to entry may seem high, as some apartment complexes do require down payments of $100,000 or more, not all apartments are that expensive. There are also some creative financing options that we'll discuss that let you purchase an apartment with a down payment that's far less than you might have thought was possible. In some cases you can actually buy with no money down.
Please rate the company on the basis of the following criteria from 1 star (poor) to 5 stars (very good).
For security reasons your IP is saved!
Shanta real estate company did not receive any ratings yet.
Description
For most new investors, buying an apartment building might seem like a daunting task that's too difficult or expensive to achieve. I used to think that myself, until I closed on my first 12 unit apartment building, and realized that the whole process isn't that much different than the process I'd already learned to buy a smaller rental property. The biggest benefit is the scale - with one purchase I was able to double my portfolio, while buying an asset with many tenants to mitigate the risk of a few vacant units hurting my cash flow.
While the barrier to entry may seem high, as some apartment complexes do require down payments of $100,000 or more, not all apartments are that expensive. There are also some creative financing options that we'll discuss that let you purchase an apartment with a down payment that's far less than you might have thought was possible. In some cases you can actually buy with no money down.
Generated in 0.122 seconds
07.08.2024 12:44:36 (75d95)
acompio - business directory and market place uses cookies to improve your online experience. By using our site you agree to the use of cookies.
Further information