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Updated almost 5 years ago,
I want to invest in multifamily apartment buildings?
I want to invest in multifamily apartment buildings how do I research markets to find a market where there is job growth, migration etc?
Let's say an apartment building with multiple units has cashflow can I put down a downpayment, finance the rest as a non recourse and interest only loan with no personal guarantee needed as long as the DSCR is good like 1.25 or above even if it's my first property and I don't make a lot? Could I close this loan in a property LLC with just the property?
Steps for getting a commercial loan?