So How Hard Is It To Buy An Apartment Complex? It’s A Lot Easier Than Most People Would Have You Believe! Here’s The Skinny! 

Investing in an apartment complex might seem daunting to someone who has never purchased or owned one before. The reality is that it is not much more complicated than owning a duplex.

The following article is a great place to start if you are totally new to investing in apartment buildings. 

From fool.com:

“Moving into the world of commercial real estate can be pretty intimidating. It’s a different world, but it’s a lot simpler than you probably think.

That’s especially true of apartment buildings. If you can own a rental property, you can handle owning an apartment building…

…For retail investors, most banks will require at least a 15% down payment, if not more. Each bank has varying requirements and will look at each deal on a case by case basis. It’s in your best interest to shop around. Interest rates and other loan terms will vary, but anticipate a five to ten year loan with payments based on a 15 to 20 year amortization….”

Read the full article @

http://www.fool.com/investing/general/2014/08/17/buying-an-apartment-complex-is-easier-than-you-thi.aspx

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