Are you ready to take your real estate game to the next level? If you have dabbled in single-family investments in the past, you may wonder what comes next. It is only a matter of time, then, before you find yourself researching how to buy an apartment complex as your next commercial rental project.
Buying an apartment building may seem daunting, but it can be a savvy investment, especially for real estate investors who already have some experience in purchasing rental properties. Read on to learn more about apartment complex finances.
An apartment complex is a multifamily property with five or more units. Buying an apartment complex is a big decision, but it has several advantages over a duplex or similar residential property.