Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 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.

Loading replies...