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Updated almost 7 years ago on . Most recent reply

User Stats

59
Posts
13
Votes
Nathan Ku
  • New to Real Estate
  • Union City, CA
13
Votes |
59
Posts

looking for guidance about getting into multi family

Nathan Ku
  • New to Real Estate
  • Union City, CA
Posted

Dear BP Colleagues,

I am a new investor, looking to venture for the first time in multi-family - what are the things to look out when you are new to the game and starting out. 

(1). since I am looking for rentals - would I get access to lease agreements of existing occupants as a buyer?

(2) . who can provide a loan for such 4-6 unit multi-family homes?  and do they accept less than 20% down?

(3). Do I need to or put in another way, is it advisable open an LLC to put an offer and go through the property buying process?

(4). Looking for CPA & Attorney who understand real estate to help me in this endeavor as heard in BP podcasts to always have a team - any referrals local to  California if possible.

Appreciate your guidance !!

Most Popular Reply

User Stats

590
Posts
422
Votes
Katie L.
  • Attorney and CPA
  • San Diego, CA
422
Votes |
590
Posts
Katie L.
  • Attorney and CPA
  • San Diego, CA
Replied

@Nathan Ku

Welcome!  What area are you looking to buy in?  California or elsewhere?  I have contacts for CPAs and attorneys in San Diego and Los Angeles if you're willing to work with folks down south, shoot me a private message if you want the names and what kinds of services you're looking for if you know.

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