Scaling Up from Multifamily

[Khayla McCoy]

Hi Everyone :-),

I hope everyone is staying safe and well. Happy new year! I'm a newbie investor interested in multifamily. I always hear about how easy it is to 'scale up' in multifamily. I would love to know how any of you have done it in the past. From my understanding (and I may not have all the info - still researching this), in order to obtain financing for properties of 5+ units, one would need to have a net worth greater than or equal to the amount of the loan being requested. Any ideas or previous experience is welcomed. I'm just curious about what scaling up could look like and how others are making this work for their unique situations. :-) All the best!