Getting into multi-family

[Jonathan Trimboli]

I’m a newbie investor but have some capital backing me. I’ve spent the past yr educating myself in all aspects of real estate investing. The more I research, the more I’m leaning towards jumping right into multi family and skipping the single family stuff because i believe it had better returns. But, everything I read says I’ll need commercial real estate experience before I’ll ever be able to get a loan for an apartment complex. So my question is this, how am I suppose to get started in commercial real estate if I have to have commercial real estate experience to get a loan?? Any tips or advise would be greatly appreciated.

[Travis Watts]

@Anthony Porembski That's definitely one approach and similar to the one I chose. The funny thing about investing in syndications is that you don't really need much (if any) real estate background or experience, you just need capital to invest. I found over the years that many of the people I am investing with in the syndications are doctors, attorneys, engineers, business owners etc. Very few that actually started in real estate, just folks with some capital to put to work, so they can stay busy doing what they do. Stay true to what you love and enjoy. All the best!