Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

2
Posts
0
Votes
Ofa Mau
0
Votes |
2
Posts

1st and new to Multi-family investment

Ofa Mau
Posted

Jumped the paralysis phase and purchased my 1st primary home. I wanted to get my foot in the process and just start "knowing" a bit already about the ins of real-estate. So why not start with my own home? After the "some-what" home buying education, I want to jump into Multi-family rentals. It just makes sense(I may be wrong). What would be best to start aligning 1st, the Financials? (I have a bit of savings, I have a available LOC, I have a 740+ credit score, I have credit cards and one with out a limit(i capped myself at 30k) for emergencies) opportunities? I'm seeing over a dozen "potential" investments in my area. Appraisals? Contractors? Realtor(not sure who would be best or who just wants their quick commissions)?

Hard Money lenders(i contacted a few and got just general rates, point quotes etc.)?

Just really curious/eager what line to place my feet and start the marathon from.