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Updated almost 7 years ago on . Most recent reply
looking for guidance about getting into multi family
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
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.