5+ multi family residence

[Yusuke Koike]

Hi,

I own one rental property and just started managing it last month.
I wanted to ask professional investors how to step up to owning 10+ unit apartments from owning 2-4 unit apartments.
When taking loan with commercial lenders to purchase 5+ unit apartment building, do they require enough experiences in rental business?

Yusuke 

[Mason Weiss]

Multi-family is all a math game. If you want to grow into more units, don't neglect the same fundamentals. 

I cannot emphasize how important it is to start building relationships with lenders if you want to grow into these larger properties. Focus on small banks, credit unions, and anyone else you can build a relationship with who will trust your vision.