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!

Great video! Just subscribed to your channel! Thanks!

Best video for first time investors.

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.

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.

Love the value added from you guys!

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 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 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?

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

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!

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! 😊

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.

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

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

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