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Corey Blank
  • Real Estate Agent
  • Connecticut
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Purchasing second multifamily

Corey Blank
  • Real Estate Agent
  • Connecticut
Posted Jan 23 2021, 11:53

I am looking to go after a second multi family property. My business partner and I just bought one last year. He has a few other properties so we would have to do it as an investment property can’t use owner occupancy due to both our situations.

We have an LLC we currently use, we are thinking to purchase in the llc as conventional with 20% down, some money will have to come from "gifts" for the down payment.

Anyone have advice or other ways we can attack this for less cash out of pocket?? Thank you in advance

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