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Updated 11 months ago on . Most recent reply

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Derek Wilson
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Financing for Multifamily Properties

Derek Wilson
Posted

I'm looking to speak with a seasoned real estate investor. I have a cash flowing short term rental property & I'm ready to move on to multifamily investing. I have so many questions about which financing to use to purchase a property. Should I get a conventional loan, a hard money loan, cash out refinance or just try to raise capital. 

Thank you,

Derek 

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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
1,211
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1,853
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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
Replied

It will be difficult not to use any of your own money. Once you have a track record, you can start using other people's money, but you really should learn how to do it. Look for value-add properties, raise the property value, then refinance to get your money back. 

  • Benjamin Aaker
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