Finding Multifamily investments?
Hopefully this doesn't sound too crass but I want to put my money somewhere useful and make it grow (as I'm sure most of you want to).
After listening to dozens of podcasts and having experience with my SFH rentals portfolio I'm now leaning towards Multifamily for next investment to scale.
In particular, apartment complexes and MHPs however I'm finding financing to be more "challenging" with these products because I'm so used to "ease" of the residential financing process.
To those of you who are more seasoned with Multifamily real estate:
-How do you find deals?
-Which markets do you prefer and why?
-Did you start with apartment complexes (which class)?
-What was your first big deal like? How much money did you put into your first multi-family deal?
I honestly don't care where my first multi-family deal is, I just need to see if the returns and numbers work.
If anyone has some good deals (in any part of the country) I'd love to connect to chat more.