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Updated 9 months ago,

User Stats

135
Posts
47
Votes
Alon A.
  • Investor
47
Votes |
135
Posts

Multi family investing

Alon A.
  • Investor
Posted

Hey guys 

I am investing in Dallas Forth-Worth & Tampa area 

Long term rentals and I’m doing section 8 also , I am getting property with hard money loan , remodel them, and  then re fi them for 30 years , I put around 45-65K for each property 
I have 4 properties that cash flowing $300, $500, $1000, $250 per month 

I wanted to get into Multi Family - 4 plex, 6 plex and up even 8-12 units as first deal.  in know also it’s 25% down payment so it’s more down then the hard money loan method I’m using. 

I know some multi is cash flowing more , but I’ll need property managements since it’s to much manage by yourself. 

I’m looking in those areas: 

Killen & Temple , Texas 

Corpus Christi , Texas 

Lubbock , Texas

McAllen , Texas. 

Any thoughts on this areas ? I know I can find there nice deals of 4 plex in 300K but they not cash flowing that much. They will most likely cash flow like the singles. 

Where you thing I should look to invest ? and if you can help me a bit with how many units and what to look at 


thank you 

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