All Forum Posts by: Sundiata Atiba

Thanks Ned. So I take it that having a mortgage broker is more important then?. Correct? Just finished reading Multi Family Millions by David Lindahl. And he mentioned having a broker as the number one team member on your list. Real estate agent wasn't on his list. This is why I asked.

Is a broker more important than a real estate agent to have on your team?

Thanks Andrew. So if I were able to find a property at median range, with a 20% discount, and put 20% down, at a 30year fixed mortgage, would you consider this a good strategy. Would love to hear your response.

So if refinancing creates more debt, why is the BRRRR Strategy so highly recommended? I read that you pay more on capital gains raxes and closing costs when you flip a property than you do if you were to hold the property and refinance it. Trying to build my portfolio, and create a decent cash flow. Wouldn't the BRRRR Strategy be the best course of action to take in order to do this?

Is refinancing creating more debt?

Thanks Eric. My mindset is buy and hold. Looking at the long term end game of securing passive income. And something with less risk, and greater cash flow. For me I believe buy and holding multi family properties would allow me to follow my and successfully completed my stategy.

Thanks Shawn. There doesn't seem to be a lot of multi family properties in my area, would you recommend me looking for areas that have them?, Or stay local with my investments?

Looking to make my first purchase in a few months. I want to obtain a multi family property, but my business partner thinks it would be better to start off doing fix and flips. Which strategy do you think is best? Obtaining fix and flips to generate a quick hit, and after doing a couple obtain a few multi family properties? Or, start off with a duplex or triplex? Will be looking forward to hearing from you guys.

Thanks Jason. How would I go about acquiring my next duplex or triplex? I want to continue obtaining multi families until I am eventually able to upgrade to an apartment building. Just trying to get my plan together. Thanks for your help.

Looking to invest in a few months. I work full time, but I still want to pull the trigger on something. Looking to make passive income my end game plan. Fix and flip, buy and hold, or multi family properties? Which would be my best line of pursuit for my first purchase?