(EMAILWIRE.COM, April 19, 2008 ) Dearborn, MI--Many investors fear that getting financing for an apartment building is very difficult, however, it is a lot easier than most think. Success Insiders welcomes Anthony Chara as an expert in the field who answers questions and offers teleseminars. Access to this expert information is available at http://www.successinsiders.com/

Anthony explains how it is very important to realize that the bottom line is the amount of income the property will generate. If there is a great deal to be found, the money will follow. Detailed research and proper analyzing of the property is the key to finding a great deal. The process of analyzing begins by learning about the “cash on cash return.” The “cash on cash” return is how much out of pocket money it takes to purchase the property, and the cash amount that is returned at the end of the year after all expenses and the debt services have been paid.

A classification of apartment buildings is included in the process of analyzing the property. In other words, learn the grade of the property. The classifications range from A thru D, as follows:

*A buildings are properties that are no older than 15 years old
*B buildings are properties that are up to 20 to 25 years of age
*C buildings are properties that are up to 40 years of age
*D buildings are properties that are older than 40 years of age

It is important to understand about capitalization rate or cap rate. Cap rate is a formula that shows how much income is being generated from property when it’s acquired by paying with all cash. Positive and negative leverage is also connected with cap rate. Cap rate will vary from state to state. There are great deals across the United States. The Midwest and Southeast are great places to search for properties because of the profit making potential. Anthony Chara owns properties in Arizona, Colorado, Florida, Iowa, Nevada, North Carolina, Oklahoma and Tennessee. Current projects include pre-construction and commercial land developments in Florida, apartment buildings in the mid-west, and several multi-million dollar condo conversions in Arizona.


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CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com



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Heather Thomas
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