State: Pennsylvania

We all know that investments in single family homes are now in trouble. Commercial real estate is not far behind.

How about investments in residential apartment buildings? Do they make sense? With excellent credit, financing is not an issue, and I don’t mind being a landlord. The question is do such investments carry the same market risks as the other not-so-good investments? After all, people still need to live somewhere and, theoretically, it looks like rentals should be a strong market. Is it?

I am looking at investing in a very small way, maybe just one of the HUD single family units for rental income. I see that HUD multi family units have some financing assistance available. Is it possible for a very small investor to qualify for competitive funding from Fannie Mae in order to purchase a multi family property such as apartments?

A mortgage would be fine. I have good credit and a rental property (single family home) that I have renovated. I have had the property for 2 months so it is not seasoned yet. There is about k in equity now. I want to keep the property. How can I pull it out now without waiting? I would like to buy another house and need the cash for repairs. Then I will be in the same situation of pulling the equity from the next place. My mortgage broker says that I need 6 months seasoning. I will be getting a couple commercial loans but not for a few more months. Ideas?

I have a set of 4 single family investment properties and am looking to refinance them on a commercial note? They really are not seasoned and I was wondering if anyone knew of a lender that would refi them and give me some cash out at about 80-85 loan to value? They are all rented and produce a good cash flow monthly and all were recently remodeled. They are all located in Columbus, Ohio.

I am looking at purchasing a LARGE, older Victorian home that has been converted into 7 separate units. I will be seeking a loan but since this home was once a single family, converted into multifamily greater than 5 units, will I be looking for a commercial loan as opposed to a residential loan? Any suggestions on commercial brokers if it is commercial? The property is in Tennessee.