All Forum Posts by: David Stone

Would like to learn about financing commercial deals and other aspects of buying large apartment complexes.

Planning on buying multi family units and using a property management company. Was wondering what management company you would suggest and what fees they charge?

Thanks Tom Ott !

Planning on buying multi family units and using a property management company. Was wondering what management company you would suggest and what fees they charge?

Thank you for the information Karen Schimpf !

James Syed Galion, Ohio

James Syed Thank's I will probably try a local credit union.

Zach Quick Wow! I will definitely try a local bank. Thanks!

Dante Pirouz no I currently only own my primary residence which I will be using the equity from for a down payment. Would a hard money lender be a better option if I do not have experience with multi-family units? (I also plan on using a property manager)

I am looking at purchasing a 12 unit apartment complex for about 250k. 10/12 units are occupied and the units rent for like $450/month. Was curious what the average interest rate would be for this sort of deal. And what sort of down Payment is normally required?