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Updated almost 6 years ago,

User Stats

15
Posts
2
Votes
Cameron Smith
  • Atlanta, GA
2
Votes |
15
Posts

Starting out in Multi Family in Atlanta

Cameron Smith
  • Atlanta, GA
Posted

Hello BP:

I've been wholesaling probate properties around Atlanta for about a year however I'm looking to purchase my first multi-family property in 2019. I've been attracted to the idea of forced appreciation that multi-family investing brings and i'm currently searching for value add opportunities. 

Any advice on getting started with multifamily in regards to finding private funding? I'm working with four really great relators and i'm searching for off market properties on my own however I'm now looking for someone to assist with the funding. Do most lenders require you to present a deal you have under contract first? Or can you approach a lender with the certain criteria you are looking for? Just trying to make sure when I approach a lender, I have a well rounded and presentable presentation.  

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