I want to buy a apartment complex, but don't know where to start.

[Earnest Mallard]

I live in Tucson AZ, and interested in buying a apartment complex or multi family home. I don't have much money and do not know where to start to look for money to purchase one. I have owned two homes but they were homes my family and i lived in. I'm trying to figure out where to apply for a loan as well as how much I should try to apply for since I've never done this before. I'm a retired veteran and wonder are there programs out there that will assist veterans when it comes to borrowing money to purchase real estate for profit. Thanks for any and all advice.

[Curtis Rouse Jr]

@Earnest Mallard I would recommend starting analyzing as many deals as possibly (at least 75 - 100) that would give you a vantage point of where it makes sense to invest that yield the best returns and how much money you will need. Me personally, I focus on apartment complexes because you get economies of scale and more leverage to bring on investors vs a smaller MFR. It all comes down to "Your" specific goals and where you would like to be in the next 5, 10 or 20 years. I hope this helps and if you need help analyzing any deals I'm more than welcome to help out as I've built a financial model. The BP calculators are great as well and where I first started. Best of luck!