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Updated almost 10 years ago on . Most recent reply

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Jesse Poole
  • Investor
  • Glennville, GA
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when are you ready to take on multi-family real estate

Jesse Poole
  • Investor
  • Glennville, GA
Posted

for all the ladies and gentlemen who invest in multi- family real estate, at what point did you feel comfortable enough to make you first deal?  Did you save up for down payment or start out with sfr. Just curious 

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

You definitely want to have some cash available (either yours or a partner's) but I think it's important to realize that you never really feel "ready" for any new project. Once you've done something a lot, it becomes familiar and almost boring, but beforehand, no matter how much capital and education you have, you're always going to feel nervous.

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