Newbie intro...getting into multifamily/commercial Realestate

[Ebenezer D Grant]

Hi everyone..my name is Eb and I'm new to the community. Glad to have found BP as it seems to have a lot of good info. I'll like to get into commercial R/E investing. So far I've been studying, doing research and cleaning up my credit. Is my next move securing a loan? Any advice or tips about the process is greatly appreciated.

[Christina J.]

Welcome, @Ebenezer D Grant! You're in the right place to study and research your next moves in the industry!

If you haven't already - be sure to plug into the Bigger Pockets podcast. It's a huge source of education and inspiration.

Also, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and I look forward to following your journey!