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Updated over 7 years ago,
Planning for my 1st Multifamily REI
Hi Everyone,
I'm fairly new to BP and I've been dedicating some time to become educated on REI as well as reading a lot of posts. I have a goal that by the end of next year, I would like to make my first Multifamily REI investment. My goal is to start with a triplex or fourplex. How much should I aim to have saved for a down payment/allocate for such an investment? I know it will be based on the price and location but maybe someone has some advice based on the experience they have in investing in the multifamily that I've mentioned.
All advice is welcome!
Thank you in advance :)
Kim