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Updated over 3 years ago,
Multi-family Investing Guidance Needed for a Newbie
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.