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Updated about 6 years ago on . Most recent reply

James Canoy's profile image
James Canoy's profile image
James Canoy
  • from Kingston, Ny
  • Member since Jul 13, 2017
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James Canoy's profile image
James Canoy's profile image
James Canoy
  • from Kingston, Ny
  • Member since Jul 13, 2017
Connect
James Canoy
  • Kingston, Ny
138
Votes |
252
Posts
Multi-Family and Apartment Investing

Should I just jump into a 45 unit multifamily?

James Canoy
  • Kingston, Ny
Posted
I’m a physician who came across a possible 45 unit deal. Other than that I’m in the middle of my first flip and I completely lack experience. I have no plans to self manage. I’m not going to attempt anything other than being the owner. Is it prudent to just jump in? I would have to get an experienced partner on board as well as find the majority of my funding some other way. What do you think?
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Patrick Harrington's profile image
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Patrick Harrington
  • Investor
  • from Bridgewater, Ma
  • Member since Jan 8, 2017
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Patrick Harrington's profile image
Patrick Harrington's profile image
Patrick Harrington
  • Investor
  • from Bridgewater, Ma
  • Member since Jan 8, 2017
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Patrick Harrington
  • Investor
  • Bridgewater, Ma
18
Votes |
31
Posts
Patrick Harrington
  • Investor
  • Bridgewater, Ma
Replied

Go for it! If it is a good deal you can find help or partners. You are a educated man you will figure it out.

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