10 unit apartment LoopNet and Facebook
So far I’ve only invested in single family homes. I’m looking to invest in something larger but was curious as to why it seems many of these properties seem to stay for sale for a long time? With single family houses they seem to fly off the shelves. I’m noticing many properties (10 unit) on LoopNet setting idle. Also I see many people post on Facebook about multi family units( a lot of times the same guy pushing a property). Is this something to do with occupied buildings and tenants not paying or is it harder to get commercial loans? Just curious if I’m missing something everyone else is afraid of?