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Updated almost 3 years ago on . Most recent reply

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Dominick Preyer
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21
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How to attack this goal?

Dominick Preyer
Posted

Hello BP listeners and professionals, I have a question that I would like to learn more about and ultimately get answered. 

So I currently own a duplex in Atlanta. I want to expand in other markets as well with a strategy of buying and holding (multi family) for 4-5 yrs and strategically pulling equity out after that time has elapsed in order to get into more doors possibly 40-50 units. I've heard on the podcast ppl talk abt buying multiple in different states at the same time while utilizing a 5% down bc they have the intention of living in this home. 

Question is: What is the best route to take in order to buy a home in these other markets at 5%? How and do I show income for these markets to get this done? Need more clarity please help. Thank you!

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