In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

That's because they've never purchased, renovated, or sold a property.

I am hoping for a house-hack with a multi-family home which my partner and I will renovate.

My real estate journey began in 2010 with a three-family property that I lived in, renovated, and eventually turned into a profitable rental before selling it via a 1031 exchange to purchase a short-term rental.My current goal is to acquire my first multifamily property using private lending by Q1 2025 and grow my portfolio using the BRRR strategy.A question for the community: What’s been your most effective way to connect with private lenders for small multifamily properties?

Only an investment team can provide the crucial local knowledge you need.Moreover, you'll need various resources to find, validate, inspect, renovate, and manage a property.

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

The property was well-located and priced under market value, offering a clear path to profit without needing significant renovations.

I also renovated houses and own an interior design and renovation business. 

Not that it matters much now but we do a "coming soon" after renovation but before/during furniture. 

If the house has truly been renovated you should be able to get out with most of your money.