xsocal land merchant_IHB
New member
Its always a good time to buy apartment complexes!!!!!!!
LOL
Enjoy!
LOL
Enjoy!
Interesting dinner conservation...
- Thread starter biscuitninja_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
biscuitninja_IHB
New member
<p>I found it funny because i've been purchasing apartments for the last 3 years. </p>
<p>They ARE expensive. </p>
<p>You NEED to walk in with lots of cash, lots of credit or lots of both. When a cheap complex costs 2-4M and the bank is requiring you to walk in with a MINIMUM of 25% with GREAT credit (and business plan and cash reserves...) it gets expensive, complicated and alot of work just in general. Plus apartment property is topped out mostly, they are going to buy at the TOP of the market again.</p>
<p>good luck</p>
<p>-bix</p>
<p>They ARE expensive. </p>
<p>You NEED to walk in with lots of cash, lots of credit or lots of both. When a cheap complex costs 2-4M and the bank is requiring you to walk in with a MINIMUM of 25% with GREAT credit (and business plan and cash reserves...) it gets expensive, complicated and alot of work just in general. Plus apartment property is topped out mostly, they are going to buy at the TOP of the market again.</p>
<p>good luck</p>
<p>-bix</p>