Prepare for Your Next Investment Move with Help from The Estes Group

Commercial real estate investing has many different facets. You can develop raw land, invest in retail centers or office buildings, and many other types to secure your portfolio. Knowing the best questions to ask might make the difference between a good deal and a poor one in each scenario. When you’re ready to buy multifamily apartments, be sure to have your list of questions in hand and reach out to the experienced team at The Estes Group.

Choose the boutique brokerage focused on your financial goals. The Estes Group handles multifamily acquisitions, property management, and court-appointed receiverships among the many services we offer. We believe that you deserve the best service to ensure you have the right resources available to make your investment decisions. Let us help you build your portfolio.

Get the Best Deal by Asking these Questions

There are never too many questions you can ask when searching for multifamily apartments. Here are five to get you started toward your next purchase:

1. Why is the Property Up for Sale? Knowing the motivation behind the sale of the property can aid in negotiations. For example, a seller dealing with a 1031 exchange will have different selling urgencies than someone who is burnt out of real estate. Reasons for selling vary but can include partner acrimony, retirement, new opportunities, inherited property, or relocation.
2. How Long Has the Property Been on the Market? The answer to this question will also tell you how motivated the seller may be. If they are ready to relocate, and they have been waiting a year for the property to sell before they can move, then the seller may be more amiable to negotiating.
3. What Type of Financing Currently Exists? It may be possible to assume the existing mortgage, or maybe the loan terms are coming due. This may lead to different opportunities for negotiation.
4. What Kind of Work Needs to be Completed? It helps you get an idea of the type of projects that you will need to take care of. However, you may not get all the answers up front. Many will be addressed during inspections.
5. Who Manages the Property? Some real estate investors not only own the property but also manage it. If you prefer a hands-off approach to the day-to-day operations, then it helps to know this answer.

Build Your Portfolio for Long-Standing Wealth – Choose The Estes Group

Investing in real estate is a smart move for those looking for long-term wealth building. The Estes Group understands this and works hard to ensure you have access to great deals that fit your goals. Our services range from multifamily brokerage to acquisitions to raw land development, and many more in between. We keep our ear to the markets in Alabama, Mississippi, Tennessee, and Louisiana to provide all our clients with the right investment they are looking for. Call us to discuss how we can help you build your real estate investment portfolio.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you research, choose, and buy multifamily apartments for sale that deliver the best return on investment.

Choosing to add multi-family properties to your portfolio is an excellent choice. You can enjoy higher cash flow, increased portfolio value in less time, and lower investment risk. This option is easier to finance because of the steady cash flow you earn when you buy multi-family apartments; even when a unit is vacant. If you have the means to finance your new investment, you can get started now. But other times, you may want help to buy multi-family apartments. Do you know where to go for some outside financial help?

Obtain effective acquisition strategies for your next multi-family property purchase when you utilize the brokerage and transaction services of The Estes Group. We work with investors, investment companies, life companies, and lending institutions to help buy, sell, or lease their assets. Depend on us to give you the pros and cons of a particular property so you can make the best decision for your financial goals.

4 Ways to Finance a Multi-Family Property Purchase

Sometimes investing takes a little creative leveraging. Here are four avenues you might consider before you decide to buy multi-family apartments:

1. Equity Share Investors: This option utilizes another real estate investor’s money to purchase a multi-family property in exchange for a percentage of equity ownership. They will also receive a portion of the monthly cash flow and will receive a percentage of the profits when the property is sold. It is an excellent way to gain long-term passive income or a quick return on their investment from the sale.
2. Real Estate Syndication: Some investors will come together to provide financing for property investment. They come in a few different forms. One is through a partnership where someone joins in on funding a property. Both get something for their contribution. It might be equity, a return on the investment monies, or sharing in the responsibilities of owning and managing the real estate.
3. Hard Money Lenders: These lenders look primarily at the earning potential of an investment and not your credit history. You will want to do your homework if you consider this option over some of the others listed. The interest rates are higher, and the amortization period is much shorter.
4. Private Money Lenders: This may be the most challenging option to use, especially if the lender has no ties to the real estate investment arena. Many private money lenders include family members, friends, or community members with the means to provide the appropriate finances.

Fund Your Multi-Family Investment Property Purchase Wisely

Consider all your financing options before you make your next investment choice. Whether you want to lease, dispose, or buy multi-family apartments, the team at The Estes Group can help. We have the resources and contacts to find the right real estate investment and the options to finance them. Our client-focused mission ensures that we work with all of our clients to handle their portfolio in a way that meets their financial goals. Check us out and experience the difference outstanding customer service makes.

Call us at 601-362-9633 or contact us online to discuss your real estate goals with our knowledgeable and experienced investment property brokers. We’ll help you purchase a multi-family property that delivers the best return on investment.