After spending the past two years learning the ins and outs of underwriting and analyzing deals, I’m ready to take the next step and acquire my first multifamily property (20+ units).I’m looking to connect with like-minded investors who are interested in partnering on this journey.

I recommend connecting with fellow investors in the Cleveland area to see who they’re using to acquire their properties.

Seems doable, depending on a few factors will determine what the right product is for you.

Can you email me with some investment products you were mentioning above?

Buying with an LLC is a great way to safeguard yourself and your property, highly recommended, however, if you’re purchasing through an LLC that was not formed specifically for the purposes of acquiring your investment property, ensure you own more than 50% as LLCs can get complicated with multiple equal shareholders.

Housing main issues are permitting, cost to build, ROI projections, and availability in areas that have zero infrastructure to set up to acquire demand.I read somewhere on here before about people disagreeing there is a housing short.

Our DSCR product is very STR friendly and heavily lean on AirDNA data vs appraisal.  

I am just saying that for a brand to add value to the product, it has to be amazing.

Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck! 

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.