With 2M where should I invest in a multi family?

[Bar Goldstein]

Hi everyone. I am trying to get in to the real estate world. I saved up 500k and I understand that I can get 70-80% loan. What will be the best market for me to start investing in multi family ? I am really interested in south Florida .

[John Verduzco]

The best investment is in your level of understanding.  Educate yourself on not only geographical markets, but also the different asset classes including multi-family.  We have invested $M's in our own capital, but with a commensurate investment in time to understand multi-family properties and how they will perform.  We happen to like mobile home parks based on the current household incomes in the US and the barrier to entry of building new MHP's.  I don't endorse any one education system, but for MHP investing, you can check out Frank and Dave's version http://www.mobilehomeuniversity.com

Every investor has different goals, so markets and asset classes will come down to what you are trying to accomplish and your time horizon.