: You lease the entire building from the owner for a set monthly fee (a "master lease") and handle all management. You then sublease units to tenants and keep the difference (the "spread") as profit.
This allows you to control the property without buying it immediately. how to buy an apartment complex with no money down
You provide the "sweat equity"—finding the deal and managing the property—while a partner provides the "cash equity" for the down payment. : You lease the entire building from the
In this setup, the seller acts as the bank. Instead of getting a lump sum from a lender, you make monthly payments directly to the seller. how to buy an apartment complex with no money down
: You negotiate a purchase price and interest rate with the owner.