Moving to Oklahoma and looking for a MFH

[Tobias Röding]

Hey everyone, 

I'm moving to Oklahoma by the end of this month and looking to buy my first multi-family home in the OKC / Tulsa area. 

What would be your recommendations on how to best accomplish this? Buying from a whole seller, just regular MLS, contacting property managers to find pocket deals?

Also, any recommendations on lenders / mortgage brokers and real estate agents that you folks have worked with are highly appreciated!

Thanks!

[Lara White]

@Tobias Röding Welcome to the OKC/Tulsa area.   I know here in OKC, multi-fam is pretty limited - probably less than 1% of our market.  So, it can be pretty competitive to find a one...depending on the amount of work needed. What size of multi-fam are you looking for?  Duplexes are by far the most abundant out of the mix!

The MLS is definitely one way to find them, and there are several off-market groups on Facebook you can also join to find off-market deals.

When going with a lender, there are tons of local lenders that are amazing.  And I would encourage you to find one locally (maybe get a recommendation from your agent if you use one) - it can make a difference on if your offer is accepted or not. Not always of course, but if the deal has several offers - a local lender can make you stand out.