Get a good team out of state, educate yourself (read David Lindahl's Multifamily Millions), and make sure it is the right value play with huge upside. 

On a 1/4 of a Million dollars, for an entire 1.000% rate difference, you're only looking at $149 mo. diff.250k @ 4.00% = $1,194250k @ 5.00% = $1,343                               $149The problem is, too many people look at loans these days as if it's a 30yr prison sentence, when the likelihood of most keeping a loan in place past 5 to 7ys, before they sell or refi, is pretty slim.This is why  the arm programs are making such a strong comeback!

One MLS in particular spent over $2.4 million trying to fight the government in court on this issue.

And you won't get one without a court order.If I do make $40-$50 million doing what I do, rest assured I will have a training course and a shelf of books for sale and a traveling guru seminar and I will most certainly mightily and righteously insist in all of them that my success was all thanks to pulling myself up by my own bootstraps through taking the right risks, a good attitude, leveraging competitive advantages, AND OF COURSE HARD WORK.Because hard work will set you free, or as it was once put in German, "Arbeit macht frei."

I have a good buddy that manages probably 50 million in commercial assets for his family trust.

I’ve got $2 million in liability insurance in an umbrella policy and my partner has $3 million.

She will close over 6 million this month.

What I love about him is he did not started off in real estate by getting a small loan of 1 million dollars from his parent lol; he started off washing dishes at a Chinese restaurant when he was 16 years old (He drop out of high school at 16 years old) With money he saved from washing dishes, he bought his first small restaurant at age 18. 

Many amateurs bid a lien down to 0% thinking they are going to pick up that multi-million dollar home for $10,000.

They do mainly residential but occasionally list raw land or sell mom and pop mixed use under 1 million in price type stuff.