Multi-family Investing Guidance Needed for a Newbie

[Sriram Kumar Bikkina]

Hello All,

I am new to RE investing and am trying to find help online with Multi-Family investing and I find several courses ranging from $3000 to $15000. I am not sure if I need to take these courses or can learn on my own.

Here is my situation: I have close to $350k in Home Equity which I can convert to mortgage segment. I heard that would be enough for me to start investing in Multi-Family with my own money (down-payment at least) for the 1st property.

I am not sure where to start researching more and how to seek guidance in this space. I live in GTA region and am looking to invest anywhere in Canada and appreciate if anyone can provide insights on how to research and start with my first multi-family.

A note: I considered starting with SF first but am having hard time finding properties with a non-negative cashflow.
Appreciate your help.

[Mike Krieg]

@Sriram Kumar Bikkina This is the best part about BP - advice from experienced investors who've "been there, done that!" I'd echo the former comments and add that there is a lot of really good education in a few books and articles as well. I've reviewed several of these expensive programs and I've discovered that ALL, of the information can be found in books. Also, many syndicators are happy to coach you along the way given your questions are brief and focused. They can also provide Investment Summaries of deals they've closed; the thesis for why they purchased the particular deal, etc. This is part of growing an investor base - educating your people. So, go for it. Lot's of free and education and coaching out there!