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Updated almost 2 years ago on . Most recent reply

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Logan Green
6
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5
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Minimal small multifamily homes

Logan Green
Posted

Hi everyone, 

I have never purchased a small multifamily home ( to be honest ever purchased a house either) im 25 and want to get into real estate to be financially free. i Decided i want to use my first real estate purchase on small Multifamily homes and house hack in them. The problem is there is not a lot  of inventory ( small multifamily homes) in my area. im looking for advice on what measures i should take to take the leap if i don't have anything t work with. 

Thanks  

Most Popular Reply

Account Closed
  • Columbus, OH
255
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Account Closed
  • Columbus, OH
Replied

Start by meeting with a lender. Getting preapproved will have you ready to go when you do find that property! Also, maybe contact an agent. This will help you a lot as you're a first time investor, and they also will have access to the MLS. If inventory is flying off the market, an agent with MLS access will see deals the day they go live. It's all about patience and preparation- be ready to go when you do find that property.

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