Just getting ready to get in the game

[Dat Vu]

Hello BP My wife and I are taking the steps to getting into the game. I would like to hear from all pros any and all advice. Our plans is to get into the multi family. We have pulled the equity from our home started the LLC.

[Jacob Camhi]

hey, that's awesome you're diving in. since you're looking at multifamily and have capital ready, i'd really focus on a few things right now. first, get super specific on your target neighborhoods. what are rents really going for for similar units in those areas? check vacancy rates and how property taxes are typically assessed. second, make sure you connect with a lender who specializes in investment property loans, not just residential ones. the financing can be different for multifamily. third, define your ideal property: how many units, what condition, what cash flow you need. having these clear helps you quickly filter for "your deal" that fits what you're trying to build. good luck.