Apartment Complex Value-Add Investment with Partial Seller Carryback
Buy an undervalued apartment complex using a combination of bank financing and a partial seller carryback (seller note). Example: buy a $1M apartment complex worth $1.2M with only $50K down - the bank funds $800K, the seller carries $150K as a second note, and you contribute $50K. Improve the property through renovations, better management, and rent increases to bring value to $2-3M. Can also use friends-and-family money for the down payment combined with an SBA loan (80% LTV) for business acquisitions.
Startup Budget
$50K – $200K
Difficulty
Advanced
Business Type
Offline
Location
Urban
Time Commitment
Full-time
Revenue Potential
$500K-$2M+ in equity creation within 2-3 years. Monthly cash flow of $3K-$15K+.
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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