I’ve heard of techniques like closing on the day rent is due so the rent income on the property can be used as downpayment, but wouldnt this limit your choice of an apartment building in terms of price(Ex; purchase price: ,000,000 net Income: ,000 20% down: 0,000) and how much it makes a month? or does this really call for more negotiation on the buyers part for a smaller downpayment? thanks for any input

I found a apartment in Kansas that is worth 27 Million dollars and i will like to ask can you give me names and phone numbers or even website of lenders who can give me 100% seller financing?

Also Can a apartment that never had debt do have no apraisal?

please give me a answer thank you
The apartment building is 98% occupied good cash flow
The seller said that the property has no dept that the reason why they dont have a appraisal

Looking to get an apartment building but I don’t have the money, credit or documentation, therefore I need something secured such as a asset based. I live in nyc and the property is there as well. No upfront fees. i can’t afford any fees that the property can’t cover.
I plan to hold the property as the asset
non recourse financing

I looking to buy an apartment building with no Money Down, Im looking for an mentor to help me buy my first apartment building,

Does anyone willing to help me buy my first apartment building with no money Down or Help me find find a seller who is willing to carry back owner financing.

Email me please

Looking to get an apartment building but I don’t have the money, credit or documentation, therefore I need something secured such as a asset based. I live in nyc and the property is there as well. No upfront fees. i can’t afford any fees that the property can’t cover.

I was trying to purchase a HUD apartment building, I went into contract and put down earnest money into escrow. After a month into the deal HUD notify the owner they needed to give the tenants 150 days notice the owner was selling the property. At that time I had a loan but after the 6 months wait and the change of the economy I was not able to found a lender. Now the seller wants me to close the deal or loose my earnest money. What can I do in this case? Anyone knows of a really good real estate attorney? I don’t see any special clause on the contract for the earnest money and I didn’t had any professional agent representing me.
Please advice
Chris
I live in California and the property was in Tennesse, in TN they use lawyers instead of escrow and the lawyer made the contract it was not a standard contract

I was living on off campus housing in an apartment complex using school loans and now i have to move further away. When i moved into this apartment building which was off campus, the school handled the finances for the apartment, its basically an apartment for only college students. Now i am moving into a normal apartment building and am not sure how i can use school loans for this, do u get an account number or like a credit card with your school loan account to do this?? thanks

I’d like to purchase an apartment building. Is this considered a commercial loan and where do you go to find them and what kind of qualifications are necessary? Is it the same as getting a mortgage where you need 20%? Or is it a little different? I don’t have many liquid assets but have found a good building?

I am looking to buy a 6 flat apartment building and I would like to know if commercial loan lenders look at a borrower’s income or just the income potential of the property itself.

I would like to buy a 8-unit apartment building for 3K

from what i have found most lenders want about 20% down.
Can i find a lender with little or no down payment?
I can pay other things like prepayed insurance, escrow, ect. but the 20% is kind of high.

Can anyone sugest any lenders?
Any sugestions?

Looking for apartment building, and want to buy an aprtment building with no money.
If theres anyone out there willing to help me buy my first apartment Building.

Kind Regards
Why everyone is taking this for a joke wyle im serious im new to this all i need is an mentor.