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Multi-Family and Apartment Investing

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Kevin Smith
  • Investor
  • Bradenton, FL
10
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30
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Looking For Advice on Finding First Multi-Family Property

Kevin Smith
  • Investor
  • Bradenton, FL
Posted Aug 31 2017, 15:21

Hello fellow BiggerPockets Investors,

My wife and I have invested in single family rental properties for the past 9 years and we're now looking to 'graduate' into multi-family. I have decent equity in our 7 current single family properties, and I'm looking for the best way to tap that equity for a down payment on a multi-family property. Commercial loan, cash-out refinances, HELOC? What do you think?

Also, I'm trying to find a good market for multi-family properties. I currently have 3 rentals in the metro Phoenix area, 2 in Orlando, 2 in Tampa and my personal residence in Austin. What locations are you guys currently buying multi-family in? 

Thanks in advance for your help!

Kevin Smith

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