New to Bigger Pockets

[Kent Chrisman]

Hello BP! I'm new to the REI game and am more than fired up to get going. Though I consider myself to be in the learning phase, I hope to have a contract on a 8-12 unit multifamily property by 3/1/18. I have access to about 100k by doing a refi on my house and am currently looking for and evaluating partners in hopes of creating a multifamily investment corporation and this first deal would serve as a learning tool. I've completely inspired by the stories of @Michael Swan and @Joe Fairless and what they've accomplished is exactly what I want to do.

I'm currently reading a REI book a week and listening to two BP podcasts a day in hopes of accelerating my learning. If I'm remembering this correctly, I've heard on the two of the latest podcasts from @Austin Fruechting and @Brentin Hess that they listened to every single podcast on BP and so I've decided to do the same.  

@Brandon Turner, maybe you could start the #BPChallenge?  I'm starting at the  very beginning, Ep. 001, although I've listened to the latest 15 or so podcasts.  That being said, I'm 6 days in and on Ep. 14.

I do have a few questions that I'm hoping the BP community can guide me on and if they don't get much traction here, I'll likely break them out into a separate topic:

• Does the 2% rule apply to multi family?
• In multifamily deals, is having different partners on a deal by deal basis more advantageous than having the same partners and operate under a corporation?
• Would the best means of getting into multifamily properties be through a refi on my house to get 100k-150k or a 1031? 

Thank you BP!  I hope I can provide as much value to the community as it has already provided to me.