Basic Steps to Buying Multifamily Properties for First-Time Real Estate Investors 

Thanks for watching! Before you talk to a real estate agent/broker, you need to secure multifamily financing. Here's a blog post for you that covers that entire topic: geni.us/LeYgd

You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires. I pray that anyone who reads this will be successful in life

Juan this is next level content. I’m beginning the research phase of learning the process for multi family investing. This is super helpful, keep crushing it!

Great stuff! Thank you, both. Subscribed!

It's great to see like minded investor agents, very difficult to find. I've interviewed many agents that claim they have experience however it becomes evident their knowledge in the investment arena is limited. Excellent, valuable information.

Great video! Just subscribed to your channel! Thanks!

Best video for first time investors.

Love your video. Question: why wouldn’t you suggest buying in the name of an LLC and letting the deal secure the loan vs you personally?

I was lucky enough to stumble across this video today. Valuable information that’s easy to understand. I’ll definitely be making notes and calling these guys. Real people, who actually own real estate in Long Beach! Keep it up guys. I appreciate your videos.

The party that walks away with nothing but long term consequences in the event of a default or foreclosure is the party with the most risk. Banks never lose because they have their loan secured to real property. They can walk away with the property and resell to someone else as wells as other options. Whereas, the borrower gets kicked out, loses his downpayment and built up equity (if any), plus a damaged FICO that stays with them for several years. Buyer assumes all risks.

Love the value added from you guys!

I went throw going what do I wanna do. I decided to do what my mom does own house. And fix them up. I am so excited to learn how to do this. Not only for me but as a family.

Thanks for all the info Juan! Do you have any broker referral for NY?

Can you recommend a similar program in the DMV area? I’m in the beginning stages and doing my research but I appreciate how you explain everything and would like a similar program on the East coast.

Just found this channel and I'm immediately impressed. Subbed! Also, I have a couple questions... 1. All I hear is how great and easy it is to make money. How are ways you can LOSE money? Market crashes, repairs? Can this bankrupt the owner, or is it normally just a massive headache? 2. If I want to buy in a prime location, will my percentage of winning the deal be low since I'd be new and the "big boys" would probably be all on it? Thanks!

hey! love the video just subscribed! I was wondering if you know any agents in Sacramento, Ca!? Would really love to buy a multi family and make my first deal

great video, i am wondering if you would know if people like me from Australia purchase property in the US? I currently own 3 properties here in Australia one being our PPOR and 2 investment properties. i was interested in multi family property and how it would work as at the moment i need cashflow. Regards Chris

Hi, thank you so much for all the information! Do you always buy a Multi-family from a Bank or is Hard Money a better option? And is it possible to find someone who does 2nd position on these type of loans to complete the sale? Thanks! 😊

Do you have any agents your suggest for multiunit properties in Delaware and Pennsylvania?

Thank you for sharing this information! What is your opinion on a first time investor living in one of the units?

Great video, I'm in the military and will be transferring to the June. I saw your last video about the VA loan and buying multi-family and been excited about buying one. I'm looking for an agent who knows the Boston/Cap cod area.

Awesome value add video! Currently in San Diego looking for in state and out of state resources to make my first deal this year. I’d love some references outside of my current real estate friend network.

Do you have any realtor suggestions for Cincinnati? I’m wanting to live in the building to is that okay?

Hello! Thank you so much for taking the time to do this great video! I will be relocating to Columbus, Ohio from California very soon and would love to connect with some great brokers there to purchase multi-family real estate. Hope to hear back from you soon!

Do you have any mulitfamily brokers you'd recommend in upstate NY? Ulster county (but not limited to) area.

Any recommendations of brokers in the Berkeley and South Bay (Palo Alto) area?

I want to invest in a turn key multi family in the Cleveland area. I just got an LLC done by a attorney. I own a home. But im wondering if the money i have for down payment will be enough for closing cost as well?? What if im short? Should i just do a cash out refy or equity loan?

Great video! Do you know agents in the NYC area? Similar to what you do? It will be my first property.

Great stuff! Thank you. Who would you recommend in NC?

Hello. This is very informative. Am seriously thinking about getting my first multifamily unit. I have been watching a lot of videos but am really convinced now after watching this video. How do I get your contact, please?

Is a DSCR loan a good way to go?

hi, I stumbled across your video and after watching I was intrigued on the effort put into helping an investor from start to finish it would be amazing to get the proper guidance as a newbie investor. Would love to know more about your services. i'm from the Bay Area do you guys work out here or have connections this way ? Thank you !

I live in a multifamily unit and it's owned by the City of WS. I don't want to be forced to move so how can I present an offer to purchase my building, taking it out of their hands and manage it myself.

Great video gentlemen, quick question. You submit an offer, the seller accepts. Now you have attorney review and inspection period. You hire an attorney and inspection, who pays for that? If the inspection comes back bad and you back out of the property. Are you still stuck with bills for attorney and inspection?

Extremely helpful video well done and professional. I now know where I’m going to do my family investing. I also couldn’t keep my eyes off of the handsome white guy.

I recently got an llc in wyoming. I live down south,but i want to purchase multi family up North.I like the anomity wyoming has. The state i'm looking to purchase in, a lender told me he could only do one in my name. He said to try a bank in my community. How can i get a loan in my LLC name?

Hi I’m newer investor been investing in Realestate part time for about 6 years and have a portfolio of 5 houses and 1 commercial automotive property with 12 units total. I Have a decent 18unit apartment building I’m looking at off market and need a private money lender to help with down payment and rehab. Any recommendations would be much appreciated.

Hey Juan, great informative video! I'm east coast based, looking to start multifamily investing in Massachusetts, do you have any affiliates you'd recommend in the area that are tailored for real estate investors (ideally heavily experienced in multifamilies)?

I am in oklahoma where do I go to get a good agent for 1st multifamily

What do you think of buying multi unit home as first home and to live in one unit . Also you know any good agents in volusia county Florida?

Need someone like you all to work with in Oklahoma!

Do you do courses teaching this and also how to get sponsor’s for first time buyers and getting investors?

I want to get an apartment complex but I want to use Asset Based Lending !!!!! Do you help with that?? Thx……

Great content. SUB! Questions: 1. Have you come across seller financing instead of going through the traditional lender? 2. Do I need LLC as an investor?

Hello. Do you have anyone in Albuquerque NM who specializes in multi-family homes sales?

Good information !! Im a builder in the houston area. I have a couple house for sale in case you’re looking for inventory .

Is it true that if you own even one acre of land that a bank is more apt to finance your home because you already own the land? Not necessarily based on your credit?

A condo maybe a good investment if you find one that's not so expensive and the HOA is not high as hell!

Do you know anyone who specializes in multi family homes in the Orlando area?

Do you know agents in New Mexico that you recommend?

Hii!! Any brokers in Arizona that you would suggest?

Can an person on immigrant visa buy multi-family property ?

Which state or city you think is the best to invest in multifamily? And do you have an agent or referral for that city. Thanks In advance

I would like to sell my home and build a quadplex.. I just have mo idea where to start or who to talk to

Hello,I like to know if you would be able to help if we are in another state,like Houston Tx

Do you all have connections in Arkansas? I'm definitely interested because I'm stuck.

Brokers in Dallas/Fort Worth you recommend?

I need some advice, i am thinking of buying the first 3-4 family house as my first house. My morgage broker told me i need to put 25% down, do you know any banks or lenders would do less than 20%? Thank you

What has held me back is lack of knowledge. I bought two Barron's books on real estate, because I'm tired of waiting and I haven't found a mentor. My goal is living in one of the units. I don't want to flip or anything else,.right now..I need a place to live and an asset.

Can you refer me to a broker who knows there stuffing Toronto. I have the income to invest, but can pull the trigger. I am primary interested in triplex buildings.

Best banks to get funding from???

Hello do you know a good multi family realtor in the northern Charlotte NC area

I'm in Wisconsin need some help with my first property.

What area of the country are you?

I heard it's absolutely a nightmare owning a multifamily, especially in California. What's your opinion?

Caleb reminds me of Miles Teller

What if you already have a house loan? Can I still be eligible to open a new investment?

Do you suggest any agent in Austin Texas?

Great Video! I'm looking for brokers in NJ?

Do you do any deals in Arizona?

One good home inspector can do that.

Do you guys know any agents in Houston, Tx?

Juan, are you a USC Alum? You look familiar. What year?

Very valuable information, Thank you very much. Could you refer me to an agent in Charlotte, NC. I currently have three tenants in my single family home property and I also have another rental property that is a single family. I am very interested in acquiring a multi family residence. Any assistance will be greatly appreciated.

Should I do LLC

Who pays for all of these inspections?

I’m not a fan of stocks but what you said is incorrect 1:00 yes you can leverage with stocks you can take out what’s called margin to buy stock with debt.

So what you're saying is , if I have $200k to invest and my goal is to buy 2 multifamily in the next 2 years , my first property i should do an FHA loan live in it for at least 2 years this and save the rest of the money to invest in the 2nd multifamily with a conventional loan. Am I on the right track here ? Thanks

I always wanted to buy my house, yet here I am still with no house of my own I’ve decided that I want to invest into a multi family property as my first investment. I know there’s tons of great ways to get in there and would love your assistance. How can I go about contacting you.

Contacts in Austin? Looking in that market.

It’s a long shot. But who specializes in multi family sales in Providence, Rhode Island.

Do you guys work in the Cleveland Ohio area?

Step one: apply hair gel. Step two: apply more hair gel. Step three: become a full blown Chad.

Hello brother I am out in Dallas Texas anyone you can recommend in the area ?

are you guys located in california?

Any good agents in McAllen tx?

How can we reach out to your team?

Do you guys work in New York

We thought we were buying a multipurpose building for 100,000 at $1000 a mo for 9 years it was a land purchase contract well we moved in and started revamping the building and the entire time from the first few days we had a design team call us and ask if we had decided what we would be doing with the building ? I was like ma’am we have no idea we just got here and how did you get my phone number anyway? Then we had someone come and tell us that we couldn’t put a buisness sign out front not a permanent one anyway I was like what are you talking about I have a business and I have an LLC and I can’t advertise it without the county or city looking at my idea or sign first? Why is that any of their buisness? They harassed us every day for over 2 months! It was insane then there was some king of program to upgrade the property they wanted us to put out the money then they would give us 60 % back as a reimbursement!? Then we got into the building on an as is basis and it was bad worse than we thought and when I say this I means bedbug infested, rats mice skunks and gophers digging the yard up and this is a 14 bedroom 7 bathroom building that I cleaned by myself it took almost 4 months !! After I got it cleaned and the squatters removed yes there were people in the apartments still omg! So then they transferred title over to an unknown LLC and put a 3 day notice on the gate not the door for non payment of rent and it was not at all true! We paid every month without fail and the eviction still went through they took over 20,000 in inventory most of it they trashed on the sidewalk we couldn’t get it all out fast enough and the law helped them! The attorney didn’t do much to help it was more like he was helping them! This is during the covid no less! If you run into the con artist names Robert Gillespie and Christopher kaylor or Taylor or deal with Greenpoint properties in Cleveland Ohio!! Run for the hills!! He’s a real jerk off the both of them ran game and sabbataged our business and ruined our company name with this antic unethical way of doing what they did and they were partners with a few different people with a “trust” that’s only so if they decide that they don’t want to deal with the buyer or renter then they just transferred Title to their buddy and it’s all protected under this trust it’s a fraudulent way of crapping on innocent people that just want a home or buisness and they belong in jail!! They need to have the same done to them in their nice homes have that rug pulled from under their cushioned ass!! See how they like it when they are homeless and no where to go

How can I get in contact with one of you?

Do you guys have anyone in Vancouver Canada?

What are your fees?

Almost everyone, including the media, is anticipating a market catastrophe, and as a result, many are turning a blind eye to the opportunities in the market. I began investing in stocks and Def earlier this year and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public.There are lots of life changing opportunities in the market, maximize it

How much of a percentage do you guys charge?

What they fail to mention in this video about the property doubling in value is inflation. Your property is not "doubling in value." The currency is just losing value. The more the gov't prints money.

Hello! I want to get into real estate investing and want to buy a multi family property with my sister. I am located in the LA County area and want to look for property within LA County abs Orange County. I would love to use you all as my brokers

should you buy multifamily as your first home ?

How do we contact you?

You guys don't tell about if anyone don't pay rent.. you need minimum 3 months to evict them without any rent. If they destroy your property. It's bonus!

Agents are incentivized by their 3% commission. They are not incentivized to help you choose the “best” deal for you.