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Updated over 10 years ago on . Most recent reply
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Small multi-family investing. How to find financing.
Hi everyone! This is my first post! I have been investing part time for about 8 years and it is time to get off the fence! I have recently seen small multi-family units with excellent cash flow. I took some credit hits early in my investing career, and I also have 7 loans on the books which are limiting my ability to purchase new properties. Does anyone have any suggestions on how to pick up these properties? Some of these have a debt coverage ratio of 4%. I have heard that 2% is very good so these would be fantastic!
Any help would be appreciated!