Updated over 5 years ago on . Most recent reply
What’s the fastest way to getting into a 5+ unit property?
I currently am doing a live in flip in a duplex. With that being said, I don’t have enough for a down payment on a multi family property. What is the fastest or most effective way to buy or brrrr a 5+ unit?
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Todd Dexheimer
#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
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- St. Paul, MN
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
Get the money.
Several things you can do:
1. flip/wholesale some properties to get the money
2. Partner with other people to get the down payment
3. Buy with seller financing
4. Refi or sell your duplex
5. All some or all of the 4 steps above