How To Invest in Apartment Buildings
If you have ever wanted to add an apartment building to your investment portfolio, you may have wondered how to begin. Not only is becoming a landlord a complex situation, but it can also have unexpected complications that can be almost overwhelming. Most people don’t have millions of dollars to put down on an apartment complex, nor do they have angel investors with wings of gold. So, how can you invest in an apartment building without breaking your bank? Here are three tips to use.
Start Small
Look into purchasing a small two, four, or six-unit property and make one of the units your home. By making the property your home, you can use the popular FHA low-down payment finance program to purchase the structure. Renting out the other parts of the building can give you the chance to be a landlord, but on a much smaller scale than a …
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