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Updated over 6 years ago,
How to Finance Multi-Family Apartment - First Time/Mentorship
Hi All,
My name is Kyle, and I will be relocating near a C-level area, where I will be starting to review multi-family apartments (4 units or less). I would like to understand what are some of the best ways to finance a multi-family property once the down payment is fulfilled; thus the extra cost associated with the property is needed to renovate for optimal rental status. Reason being, I have decent savings, but would not want to utilize every penny on one property.
Some background, I am a current renter with no current real estate deals, I will be acquiring my real estate license shortly.
Any input is welcomed. I would be much interested in connecting with fellow investors to mentor from and work within the tri-state area.
Thank you for your time,