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Best way to fund /finance buying a multifamily property
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
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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 :)