Posted by oneal hodges on November 03, 2008 at 10:02:36:
In Reply to: BUYING APARTMENTS posted by Patrick Rowe on November 01, 2008 at 18:05:58:
patrick its going to be star wars and drama. banks want to see you with some skin in the game. asked yourself this have you ever bought, built, any apartments if not red flags to the lender. no money down it takes 3% to get in to the deal doing no money down some one got to pay for environmentals, appraisals, etc. what about property management team, etc. do you have the resources. is the deal underwritten i can do for $