Getting started Quick - multifamily

[Andy Cav]

Hello,

My name is Andy and I'm here because I found BiggerPockets to be an invaluable resource to learn about real estate investing. Though I am starting out, I am hungry and I am interested in learning as much as I can about the various aspects of REI.

I would like to find lenders, mentors, and others who are willing to share both knowledge and expertise to possibly one day become a peer investor. Though it may not be the way things work, I have some skills, in the multimedia space that could be leveraged to provide some value, for those interested in helping.

My dream is to own properties that can create significant cash flow to fund future purchases. In the end, I am here because I want to someday replace my day Job, and create something for myself, my family and my kids.

I have a background in Sales both inside Sales, and Retail Sales. I also have some background in corporate Training and Facilitating, as well as, Public Speaking.

As a side venture, I am a Photographer who also does high quality print work and framing. I’ve done this for a couple interior design agents and hope to expand on that front as well. Beyond all of that, I am a bit of an Art Collector. I hope to someday marry my love for art, photography and Realestate investing, to create something that is unique and desirable.

I look forward to hearing from those who have a positive and honest perspective and who are looking to be supportive and inspirational. I do appreciate sound and sage advice, and hope to learn from the great people on this platform.

I just got pre-approved for a 4 unit place in the 520k range (with a partner and 20%) in the Austin area but we were overbid on the deal. I am looking for the best bang for the buck and even considering places in South Texas where I grew up. I am thinking that for that price or slightly higher, there are properties with many more units, which would ideally generate a whole lot more cash flow.

I would love to know more about the lending process, the assessment of prospective properties, property management companies, attorneys, cpas and business structure.

If you would like to reach out, please feel free to contact me directly.

Thank you,

Andy 

[Deep Johal]

Hi Andy welcome to the forum, 

For sure I would leverage your background in sales - many people dont have it as a strength and so if you are persuasive, then use it to your advantage in deal generation and negotiation. Also your strength in photography naturally lends itself - how about taking photos for agents or airbnb rentals to refine your skill as it relates to property marketing?

RE: the lending process, best thing is to reach out to lenders directly and start networking & asking questions... they are usually more than happy to answer  and all of the ones I've encountered on BP have been especially helpful