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Updated over 4 years ago on . Most recent reply
Not sure how to jump into multi family, have funds available.
Hello! New to BP, have done 9 residential single family flips. Made some good money as well as lost some good money. Got a taste for real estate but am looking to dive into flips on multi family units or possibly holding.
Any suggestions?
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Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
The main thing is to educate yourself on the market and the business. It’s not complicated but there is a lot to know. Multifamily had its own language, metrics, KPIs and financing requirements. The most important thing is the market. You absolutely can’t get that part wrong.