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21 Replies Last post: Mar 9, 2009 10:52 AM by wholesalelink

Apartment Complex

Sep 18, 2008 1:25 PM

Click to view aakasp's profile Start-up aakasp 1 posts since
Sep 17, 2008
Is it possible to get a loan to buy a apartment complex worth $1.2 - $1.5 million with zero down? Is there a SBA Program that helps in that way?

Thanks
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Click to view jasoncole's profile Mogul jasoncole 22 posts since
May 5, 2008
1. Re: Apartment Complex Sep 18, 2008 1:33 PM
in response to: aakasp

UMmmmmm.....Is this meant to be humorous or are you sincere? The answer is NO!!!!!!!!!!!!!!!!! Anyone who says otherwise is going to eithier waste your time or take your money.
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Click to view Fortis's profile Mogul Fortis 239 posts since
Jul 24, 2008
2. Re: Apartment Complex Sep 18, 2008 3:03 PM
in response to: aakasp
I agree with the last post. SBA\'s are great loans but the government wants you to bring something to the table too. Not only money but collateral. Especially when your talking about the max SBA loan.
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Click to view crossfoot8's profile Professional crossfoot8 8 posts since
Sep 1, 2008
3. Re: Apartment Complex Sep 18, 2008 3:15 PM
in response to: aakasp
last SBA a client pursued required lien or mortgagge on their personal residence too
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