Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Multi-Family and Apartment Investing
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 7 years ago,

User Stats

30
Posts
10
Votes
Kevin Smith
  • Investor
  • Bradenton, FL
10
Votes |
30
Posts

Looking For Advice on Finding First Multi-Family Property

Kevin Smith
  • Investor
  • Bradenton, FL
Posted

Hello fellow BiggerPockets Investors,

My wife and I have invested in single family rental properties for the past 9 years and we're now looking to 'graduate' into multi-family. I have decent equity in our 7 current single family properties, and I'm looking for the best way to tap that equity for a down payment on a multi-family property. Commercial loan, cash-out refinances, HELOC? What do you think?

Also, I'm trying to find a good market for multi-family properties. I currently have 3 rentals in the metro Phoenix area, 2 in Orlando, 2 in Tampa and my personal residence in Austin. What locations are you guys currently buying multi-family in? 

Thanks in advance for your help!

Kevin Smith

Loading replies...