How to start investing in multifamily ?

[Sameer Jain]

Hey I currently own a portfolio including SFR and condos. I am thinking to do a cash out refinance on my existing rental properties ( both free a d clear and and properties with existing mortgage ) use the money as a downpayment that to buy more real estate . Is this a right approach ? Should I invest in multifamily or SFR or condos ? The reason I invest in condos as SFR are really expensive and have negative cash flow on Bay Area . What do you suggest in this case ?

[Leslie Pappas]

Hi @Sameer Jain, if you're an accredited investor, you have other options to invest into multi-family properties only availble to 8.5% of the US population. You might consider investment into DSTs (Delaware Statutory Trusts). They are hands-off, institutional grade real estate investments, and they allow you the option to diversify. You get potential cash flow, tax shelter and appreciation. Loans are non-recourse. Feel free to connect with me here on BP, happy to help. - Leslie