Real Estate Agent · Biloxi, MS · Member since 2020 · 28 posts · 22 votes
Any Multi-family unit investors in the anchorage market? I'm a newbie investor looking to buy my first property to owner occupy one unit. I plan to leverage my VA loan for the purchase which means the property has to be able to pass an inspection for the approval. I will need a vacant 4-unit for the size of my family and its looking hard to find up here. Any tips or recommendations on how to find this needle in the haystack out here?
RE investor in Anchorage here. Your idea is exactly how I got started in real estate. First place was a VA loan with zero down and it has worked out great for me. Just to make sure I understand correctly, you need the entire fourplex to be vacant to fit just your family? Will you be renting out units to them? Or is it just so you are together but separate?
A few more specifics, are you looking for one with a common entry area? or individual exterior doors? It may be difficult, albeit not impossible to find one completely unoccupied in Anchorage. Most have a tenant or two or are really junky if unoccupied.
Have you reached out to any agents? I know a few who specialize in real estate investing. Some that even flip fourplexes themselves and would be able to provide you with an empty one that has been completely remodeled.
@Chris S. no I just need one vacant unit of the fourplex preferably a 4bd for my family and I to say in. I plan to rent out the other units unless they are occupied already which would be ok to. No common entry area, the wife may not like that idea especially with our little kids around. Prefer individual exterior entrance/exits. Side by sides or top/bottom with separate entrances would work
I'm looking for a good agent with investing experience to help me out. I am a newbie and this would be my first purchase. Its pretty expensive up here but if I can find one that the numbers makes sense then I'm ready to take the leap of faith.
I would openly accept any agent recommendations and greatly appreciate it!
Hey Jeromy. My name is Tae Yoon with Keller Williams Realty. I work as a real estate agent here in Anchorage, AK. I got into real estate because I wanted to do exactly what you're inquiring about. After working with on of the top multifamily realtors in Alaska, I've been able to sell over 20+ fourplexes here in Anchorage, AK and I've also purchased a fourplex this February 2020. I'm an active investor so I'm actually working on another fourplex for myself one as we speak. I'd love to sit down with you and talk about your goals and strategy to begin/expand your real estate portfolio. I'll message you my contact info. I'm looking forward to helping you out!