Multi-family Investments with little to no money down

[Kevin Poulin]

Hello, I'm new to Bigger Pockets and wanted to share my first post. I'm looking to acquire my first investment property within the next year, ideally a multi-family home in/near northern NJ. I'm particularly interested in how to go about making this investment with little to no money down and am curious to hear what suggestions/advice people have on this platform have. Looking forward to connecting and learning from you all!

[Scott Mac]

Quote from @Kevin Poulin:

Hello, I'm new to Bigger Pockets and wanted to share my first post. I'm looking to acquire my first investment property within the next year, ideally a multi-family home in/near northern NJ. I'm particularly interested in how to go about making this investment with little to no money down and am curious to hear what suggestions/advice people have on this platform have. Looking forward to connecting and learning from you all!

 Hi Kevin,

I assume you are you talking a vacant duplex or similar, and not a high rise like you would find on the Upper East Side With Deluxe Apartments in the sky?

Let us know if you're a veteran or not, and what do you consider a small amount?

A zero down deal, though possible, is more likely to be a needle in a haystack situation-- and require a pocketful of fix up money, plus fix up expertise, to make it happen. That is even if you can find one that meets your criteria of where you want to live.

How open are you to living in (or close to) a high crime area? Will you be housing your family there? Are you a tough guy- - tough enough to hold your own with a rough crowd like you may find in some high crime areas; or are you Looking for safer areas?

Just my 2 cents.