INVESTOR RESOURCES
MULTIFAMILY
Benefits of Buying Multifamily Properties
ARE YOU READY TO TAKE ON THIS ASSET CLASS?
by Nate Zielinski, RCN Capital
hen it comes to real estate investments, there are times
investment space, and one of the quickest ways to do that is by owning a multifamily property that is com- pletely rented out. With these ten- ants providing you with that passive income, making money just became that much easier. Granted there will be a bigger expense up front when it comes to securing the property, but with the right loan from the right lender the most complicated part of the process can become hassle-free. With lenders such as RCN Capi- tal offering up to 75 percent of the as-is value at purchase as well as offering short-term and long-term loan options depending on the needs of the property, more and more investors are qualifying for multi-
family loans. Once the purchase of the property is out of the way, as an investor you can focus on finding the tenants, charging the right amount per tenant based on market rent and be on your way to making that pas- sive income. The key to long-term wealth and success in this industry centers around how much mon- ey you can make off your property while putting in as little time, money and energy into it as possible. That is easily the most appealing part of owning a multifamily property.
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where investors are unsure if they are ready to take on the challenge of own- ing a multifamily property. Although the management and costs of these properties may seem daunting, there are numerous benefits of buying and owning multifamily properties. PASSIVE INCOME One of the most important ben- efits of owning a multifamily prop - erty that investors will want to hear about is the passive income that comes with owning one. The poten- tial for financial growth is what lures a lot of investors to the real estate
PROPERTYMANAGEMENT At first, this next benefit may seem like it is a hindrance to passive income
30 | think realty magazine :: december 2021
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