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Updated over 8 years ago on . Most recent reply

User Stats

14
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6
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Corderos SMith
  • Real Estate Professional
  • Lewisville, TX
6
Votes |
14
Posts

DFW Multifamily- First time buyer

Corderos SMith
  • Real Estate Professional
  • Lewisville, TX
Posted

Curious if anyone knows anything about the multifamily market here in the DFW area. My credit is in the process of repairing (just have to get one collection removed) and I'd ideally like to purchase a duplex, triplex, 4plex by June of 2017. 

Does anyone know much about the multifamily market here in the DFW (Richardson, CAarrolton, Dallas)? Also I'm thinking I can leverage an FHA loan since my credit score is poor, this is my first purchase has anyone else used creative ways to finance a multifamily unit with minimum cash down with sub par credit?

Love to hear your experiences. Thanks alot. 

Most Popular Reply

User Stats

32
Posts
29
Votes
Bonnie Staples
  • Investor
  • Dallas, TX
29
Votes |
32
Posts
Bonnie Staples
  • Investor
  • Dallas, TX
Replied

Hi @Corderos SMith,  You just missed the best MF training event available - which took place last weekend in DFW/Addison.  This event fortunately is put on 3 times per year - the next one will be in March 2017 - Please see my page and Market Place for more info -- If you want to truly learn how to be successful in MF - I strongly encourage you attend.  

I wish you all the best - you are certainly looking in the right direction with your interest in MF.

I hope you will find this helpful!!

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