Live-in newbie could use experienced advice
Hi All,
I'm a newbie looking to purchase an apartment building not so much as an investment, but as a place of residence where I can potentially live rent free.
I see no reason to go small, so I was hoping to obtain a building of 8 units and up. I'll need to use investor money for this purchase, as I don't have sufficient funds of my own for a commercial purchase.
Could anyone advise me as to what may be the best way to approach a potential investor? I have no problem analyzing a property from top to bottom, inside and out, but would an investor be uncomfortable with my wanting to occupy a unit for myself?
I'm going through the BP tutorials and such, but I'm open to any other advice that an experienced BP'er could offer in my efforts to obtain my first property.
Thank you!