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Updated 15 days ago on . Most recent reply
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Newbie learning Multi Family rentals
Trying to understand what multi family rentals are and learning how I can invest or convince myself to invest into it or learn more on this topic to understand this is not my path. Either way this will be my learning journey.
Most Popular Reply
Hello Solomon,
A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. Secure Smart Financing – Consider FHA, VA, or conventional loans for small multifamily (2-4 units). Scale Strategically (if this applies to your goals) Reinvest profits, use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), and leverage 1031 exchanges to grow your portfolio tax-efficiently.
I'm a mortgage lender at Aslan Mortgage Lending and would love to find time to talk and discuss your journey.
- Ty Coutts
- [email protected]
- 719-641-5169
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