Want to Buy My First Multi-Family Property - Need Help Financing

[Tyler Chenault]

I am looking to purchase my first investment property, a quadplex in the North Georgia area. 

For this deal, I am looking for financing assistance (preferable 100% financing). I am having trouble with getting the funds necessary to secure traditional financing. The quadplex is fully occupied and cash flowing with long term leases in place. Rents for each unit are $1200 and can increase. Newer roof, systems, etc. House Hacking is not an option for me as I am married with a family of 5.

I've been a licensed real estate agent for 5 years now and I have experience helping many real estate investors successfully grow their portfolios and protect their assets. I now believe it is time to finally get into my first investment property and begin to grow my own portfolio.

Looking to keep this for years as a long term rental.

I'm willing to give a significant portion of the monthly cash flow back to help make the deal make sense. I'm more interested in getting my foot in the door with an investment property. 

Please reply if you can help me with this situation. 

[Nathan Gesner]

Quote from @Tyler Chenault:

Welcome to the BiggerPockets forums!

Partnering with strangers on the internet can be tricky. I recommend you find investors in your local area that you can network and build relationships with. They are more likely to partner with you. If you have a a deal that makes sense and are someone they can trust, you shouldn't have a problem finding someone to partner on this.

Over 85% of agents quit within two years, so congratulations on making it this far!