You buy a great property, at a good price and eventually get to the point where you can pull out all of the cash and hold on for long-term cashflow. I find it to be the most rewarding and fun strategy as well. How to Find Apartment Buildings for Sale. To find distressed multifamily properties, such as duplexes, townhomes, or apartment buildings, the process is the same, except in the Asset Type tab, you’d instead choose Multifamily. Become a FREE LoopNet Member to search hundreds of thousands of Bank Owned Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada.. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. Visit those brokers' official business websites to see if they have any listings that have not made it on to other sites.Solomon Poretsky has been writing since 1996 and has been published in a number of trade publications including the "Minnesota Real Estate Journal" and "Minnesota Multi-Housing Association Advocate." He holds a Bachelor of Arts, cum laude, from Columbia University and has extensive experience in the fields of financial services, real estate and technology.Contact the owners of the buildings that you would like to buy. It will have information about the homeowners, the home's current appraised value, liens, or tax problems . You can search for all multifamily properties in the platform, or narrow down your search to specific submarkets, like cooperative, triplex, or nursing home. We buy apartments in Detroit Michigan whether it's a distressed building or a cash flowing asset. If the property has had liens or tax problems, the owners might be more willing to sell.Most abandoned homes are on their way to foreclosure, but the bank has not yet initiated the process. But abandoned properties that are unclaimed by their owners are potential low-cost purchases that may actually be attractive to prospective home buyers. A real estate agent can also accompany you to the house and point out the extra expenses you will incur after the purchase of this property. Look through your county assessor's records to identify property owners, or visit the apartment building you're interested in and speak to an on-site manager.Search commercial real estate sites like LoopNet and CityFeet for apartment buildings listed for sale. If you find an interesting unclaimed property like this, visit your county clerk’s office. Most of the money that you’ll make in multifamily or apartment investing will be on the buy side, that is to say, that you must buy it right. Example Deals: A student of mine found a large apartment building with 100 units that had a … You might also check into the laws regarding unclaimed property and whether there is a statute of limitations on its return.However, some abandoned, unclaimed properties turn out to be in good condition, and the owner may want to unload the property before foreclosure. Furthermore, brokers and self-represented owners rarely put "For Sale" signs in the yards of apartment buildings. The agent can also help you figure out how high your bid should be. If you need to sell an apartment building contact us right now! Apartment building owners and brokers frequently post on Craig's List because listing an ad on the classified website is free.