Financing a Multifamily Property (Duplex, Triplex, Fourplex): Everything You Need to Know!

Want to start investing in multifamily real estate by financing a property but feel confused? This video covers everything you need to know when it comes to financing a duplex, triplex, or fourplex in 2022.

0:00 - Introduction to Financing Multifamily Properties
1:49 - How to prepare before speaking with a mortgage broker
2:58 - How much does it cost to qualify for a mortgage loan?
3:39 - What do I need to provide for income verification?
4:12 - How long does it take to get pre-approved for a mortgage loan?
4:30 - What is the difference between pre-qualification and pre-approval?
5:27 - How much down payment is needed for a multifamily property?
5:52 - Is it possible to buy a fourplex with less than 25% down payment?
6:45 - What is the difference between owner-occupied interest rate and investment interest rate?
7:55 - How do interest rates affect my mortgage payment?
8:35 - Interest Rates in 2022
9:14 - Is it possible to buy multifamily properties with other people?
10:56 - How does my credit score impact my mortgage loan?
11:58 - Does income from other units factor into income qualification?
12:48 - Buying Properties with Zero Down Payment Through VA Loans
15:54 - New 2022 Updates on Multifamily Mortgage Loans
16:39 - What is the difference between various loan providers?
18:21 - Is it necessary to work with a mortgage broker?
19:38 - What are the benefits of working with a mortgage broker?
20:20 - How is Fannie Mae and Freddie Mac relevant to mortgage loans?
21:28 - What are the other non-conventional financing options?
23:24 - What is a hard money lender?
26:21 - What is a private party loan?
29:15 - What is a seller carry-back note?
31:33 - How many mortgage loans can an individual have?
32:28 - Why is a conventional mortgage loan the best option?
34:33 - What is the maximum loan limit someone can borrow?
35:24 - Is it still a good time to refinance my property in 2022?
39:46 - Can I qualify for a mortgage using other investment income?
40:55 - Conclusion and Final Takeaways

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⚠️ Disclaimer: This video is for informational purposes only and does not constitute a loan offer or commitment. All loans are subject to credit approval and property eligibility. Interest rates, loan terms, and conditions may vary and are subject to change without notice. Consult a licensed mortgage professional for personalized advice.

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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.

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www.SageREGroup.com

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