It is no secret that real estate investing provides an alternative to some of the most lucrative and stable returns.
When most people start to dabble in these alternative investment options, they begin with single-family homes or go straight to looking at commercial spaces. However, apartment buildings are a great option for investors.
Get started in learning about apartment building investing and gaining maximum cash flow.
One key element of knowledge needed is to analyze your current skills, experience and resources to examine the ways you can get involved in apartment building investing.
You will need to know how you will secure a commercial loan to finance the purchase. Loan sources include commercial banks, seller financing, and private loans. Apartment building loans range from a term of several years up to 25 years.
Importantly, know the buildings gross rent multiple (GRM). The more rent the building commands, the more valuable it should be. Look at the rents and use them to get at an approximation of its value.
The best way to learn if apartment building investing is right for you is to talk with a apartment building mortgage expert today!
John Sauro, Commercial Loan Officer
North Atlantic - Commercial
Call 877-794-5363 or send a message
Direct Line: 914-764-3261
Email: john@northatlanticmortgage.com
Specializing in Acquisition & Financing of Net Lease Properties & 1031 Exchanges.
Handling Commercial Real Estate Mortgages Nationwide. From California to New York, we have a full complement of expert resources throughout the country which ensures for a accurate, fast and easy process.