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

Buying a multifamily property or apartment building for the first time can be very tricky and confusing. Here are the basic steps you need to take when buying your first multifamily investment property, as explained by top real estate professionals.

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Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.

Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur.

Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.

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

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[sofiaallen]

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

[joewhisney]

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!

[MACKMORRIS]

Great stuff! Thank you, both. Subscribed!

[amymahadevan]

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.

[cyberla]

Great video! Just subscribed to your channel! Thanks!

[erbconsult]

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?

[jaimemartinez]

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.

[ashleysway]

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.

[dirodrigo]

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

[roseannakyle]

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! 😊

[Chris-xuwy]

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

[preciousou]

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

[isabellaleavines]

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.

[rayfinkle]

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!

[miarandall]

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

[hannahaficionado]

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

[concettamorabito]

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

[Ling_Ling-lscg]

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

[kathyhabick]

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

[amp]

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.