How to Buy a Multifamily Property Step-by-Step in 2024

How to Buy a Multifamily Property Step-by-Step in 2024

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Publish Date:
September 15, 2024
Category:
MultiFamily Investing
Video License
Standard License
Imported From:
Youtube





In this video, I'm giving you a step-by-step guide on how to buy a multifamily property. You'll learn loan options for multifamily properties, multifamily investing, multifamily real estate tips and the beginner's guide to getting started with buying a multifamily building.

Whether you’re just getting started in real estate or already have a portfolio, this video can help you learn about the financing options you have. As a licensed loan officer who's helped hundreds of investors, you'll get the insider knowledge on how these programs and loans actually work.

I'll walk you through the process, from finding the right loan options to making the final purchase. As long as you understand your financing choices, anyone can follow these steps and make a smart investment. Let’s get started and turn your real estate goals into reality!

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➡ The NEW Way to Finance Multi-Family Properties in 2024 https://youtu.be/oiYUEHSuEZA?si=N_34MB7Dti_Sc6Bo

➡ How to buy an investment property with ZERO income https://youtu.be/pd_4J-KVsOA?si=HHakqu69lkwkfyzh

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0:00 - Introduction to Multifamily Properties

0:31 - Your 3 Multifamily Loan Options

0:56 - Analyzing Multifamily Deals

1:22 - Conventional Loans for Multifamily

1:57 - FHA Loans for Multifamily

2:43 - VA Loans for Multifamily

3:44 - Future Rental Income with Multifamily

5:02 - 4-Unit Example

6:15 - Cash Flow

7:46 - Preparing for the Loan Process

8:03 - Loan Submission and Underwriting

8:59 - Multifamily Mistakes to Avoid

10:08 - Conclusion

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*DISCLAIMER* All stats, data, mortgage pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording**
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Benjamin Stef Mortgage Loan Advisor | Mortgage License NMLS# 2018674
NEXA Mortgage NMLS# 1660690