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Updated about 1 year ago on . Most recent reply

User Stats

2
Posts
1
Votes
Solomon Nani
  • Eden Prairie, MN
1
Votes |
2
Posts

Newbie learning Multi Family rentals

Solomon Nani
  • Eden Prairie, MN
Posted

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

User Stats

466
Posts
230
Votes
Ty Coutts
  • Lender
  • Denver, CO
230
Votes |
466
Posts
Ty Coutts
  • Lender
  • Denver, CO
Replied

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.

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Ty Coutts - Aslan Home Lending
5.0 stars
44 Reviews

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