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Updated about 9 years ago on . Most recent reply
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North Metro ATL Area Financing for Multi-Family
Hello All!
New to the game, and really trying to get my feet wet without getting in over my head!
I'm looking at a couple of multi-family properties (4-plex, and 5 homes on acreage). I don't really have the 20% down payment that conventional mortgages would require. I'd like to get into one of these properties, and in my best estimation, the numbers work out, even at 100% financing. I've asked about seller financing any portion, but have not heard back.
I'm looking for advice/guidance/information on possible options for getting into these properties. And since I'm new to this, I'm wide open to any suggestions on how to evaluate multi-families and on how to do business in general.
Thanks to any/all who help!
DB