Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
How do I get involved with Large-Scale Multifamily Investing
Afternoon friends,
I am looking to make jump, right now I am looking for ways to get involved with large multifamily investments. I'm tired of looking at small scale 4-plexs, 6-plexs and 8-plexs that will only net me small profits after debt coverage ratio and expenses. Iv'e realized that I have to have a very healthy net worth to get commercial debt. Total net worth needs to be up to the total amount of the loan with liquidity of up to one year of principal and interest payments.
My question is how do I make a leap big enough to be semi retired. Right now I am able to finance up too 500k with a 800+ credit score but that only gets me small scale multifamily and will take me yearsss to scale up enough to get to a larger multifamily level and get to a semiretired status. Help!