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Updated about 6 years ago on . Most recent reply

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Getting started with Multifamily properties

Posted

Over the last 2 weeks I've been focusing on trying to figure out the process of buying my first true multifamily investmet.

I've done single family and it was nerve racking because anytime there is maintenance the profit gets wiped out.

Point is, I'm committed to focusing on multifamily but I need resources. 

What is out there that has helped you understand the multifamily investing game? What lending sources are reputable that will work with a new investor? What is the most straight forward way to get started?

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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
2,094
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Alina Trigub
  • Rental Property Investor
  • Glen Rock, NJ
Replied

@Michael S Malbrough

Confidence level goes up with education and experience. You can put more efforts into education while you're looking for your first MFH. Through books, podcasts and networking you will continue learning and reinforcing your knowledge. If you haven't read David Lindahl "Multifamily MIllions" and "Emerging Markets" (note: not the exact titles), then start with these. 

I have a ton more of recommendations through my online library. Feel free to PM for the link.

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