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Updated about 9 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Darryl Blalock
  • Nurse Anesthetist
  • Cumming, GA
1
Votes |
10
Posts

North Metro ATL Area Financing for Multi-Family

Darryl Blalock
  • Nurse Anesthetist
  • Cumming, GA
Posted

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

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