Lots of different ways to look at the loans and structure is incredibly important.There are a variety of commercial lenders and just as wide a variety of loan programs. 

They seem to be more weary of the higher price point flips with the holidays fast approaching.

There are many different approaches you can take to actually start investing in multifamily.Before deciding on HOW you want to start taking action, you first need to stop and think about WHY you are doing it.

Curious on how you would approach this situation?

If you want to own bankable real estate that will truly improve your overall financial situation the boring approach of working hard, saving as much as possible, having the foundation of a solid career and investing slowly and wisely succeeds much more often than rushing in too quickly and taking shortcuts.  

Listen first is an incredible idea.

I am approaching this casually at the moment, but it seems that the number of multi-family homes in the Phoenix and surrounding areas are very limited -- I guess it's a difference of culture or the fact that land is so cheap in the southwest that there isn't much demand for a duplex/triplex/4-plex.At any rate, I'd like to hear from anyone who has invested in this region.

For those of you who have cash, what have you found is the best way to approach this?

@Vanessa Peters I like the approach to leverage your equity and invest in further investment properties.

My wife and I are quickly approaching 2019 and our start to investing.