A property is available off market that seems to be a great deal.

You can do the outreach yourself to connect with off market properties or connect with people who can find them(agent, wholesaler).

I think I have about 450-600k equity depending on how well the properties appraise.

Find a property that is listed on the MLS.2.

Using the equity I built up in that property I got a HELOC and started investing remotely out of state.

So, we bought the property 2 years ago, based on the valuation of the property considering income from 6 units.The sale deeds (from 2018- 3 sales) I could get from the City and the property tax statements (2023,2024) show that the property is zoned as 411 (apartments).

Hi ZoeyBeing licensed in NC I would definitely say investing in a multifamily property in the Raleigh area can be a great opportunity, especially for house hacking.

Quote from @Vince Abernathy: BRRRR Strategy - First property....

@David PopeYou probably inherited a 5.6% interest in a partnership which owns the property, as opposed to having a direct 5.6% ownership of the property.

That means later on you can remove PMI, get a HELOC to buy more properties, etc.