Brian Brownell's Blog (1)

Apartment building investment

I have my eyes on a 10 unit in Allentown PA. It nets 59,000. I should be able to pick it up for 775,000. Looking for 800,000 for purchase and working capital. I have been doing this over 35 years. I plan on living in the building and performing all management myself and hiring out labor to supervise in the rehab. I am looking for either a lender or preferably an equity partner who would not only recieve interest on his/her money but also a 40% portion of the net profit upon sale of the project.… Continue

Added by Brian Brownell on March 14, 2016 at 8:07pm — 2 Comments

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