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Updated over 8 years ago on . Most recent reply

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Octavius Henderson
  • Little Rock, AR
2
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Best way to fund /finance buying a multifamily property

Octavius Henderson
  • Little Rock, AR
Posted
Hello bigger pockets community, I am a new investor in little rock looking to buy and rent out a triplex or fourplex property. Besides finding a good deal , i know that I need founding. With that being said my question for you guys is, what is the best way or smartest way to go about getting the property. I am only 19 years old right now. I am working on my credit currently to be able to finance this deal in the future. I plan to make this move in 2 to 3 years when my credit is established. But if there is a way that doesn't involve my credit I would do it now.

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Yes, like a duplex or triplex or fourplex is not multifamily, 1-4 units are single family attached dwellings. 

I can sum up your best financing alternative buying from other landlords in two words:

Seller Financing!

Rad the financing threads as well as the note threads to start learning. Best of luck :)

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