The Complete Guide to Buying and Selling Apartment Buildings

This guide is intended to help real estate investors whose primary focus is single family properties graduate to larger properties such as multifamily apartment complexes. It describes in detail the process of making this transition slowly.

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A complete guide to taking the leap from single family homes to apartment buildings of all sizes While there is no shortage of guides to investing in small single family houses, there are virtually none devoted to larger properties. This book fills that gap in information. The Complete Guide to Buying and Selling Apartment Buildings was written for real estate investors who would like to take the leap from single family dwellings to apartment buildings. Steve Berges helps readers ease into the transition by describing, in detail, the process of gradually growing from smaller--sized buildings, such as fourplexes, to midsized buildings, all the way up to one--hundred--unit apartment houses. Using many real--world examples, Berges tells readers everything they need to know to identify opportunities, assess property values, seek out and obtain financing, negotiate purchases, and close deals. He also discusses specific exit strategies that every investor should consider before entering into a purchase agreement. Steve Berges (Lake Orion, MI) is a commercial mortgage broker, specializing in buyers and sellers seeking financing for apartment complexes.