Multifamily purchase in Sacramento, Ca (Commercial Property)
My wife and I currently own a duplex in the Sacramento, Ca area, we manage the property ourselves, it gives us a positive cash flow of $500 a month after all expenses are paid. We're interested in purchasing an apartment building (5-28) units. Should we contact multi family (commercial) lenders in are area first or find the property before getting in touch with lenders. We would like to manage the multi family apartment ourselves, or should we consider hiring a property management company? Sacramento is a great area to invest in with good returns for buy and hold investors.