New real estate investors should buy 10- to 35-unit multifamily buildings instead of single-family homes. Multifamily deals often require zero down, face less competition, and let you scale income faster. You can reach financial freedom in a few transactions over a few years.
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New real estate investors don't know this, but it's actually harder to buy 2 or 3 single-family houses than it is to get to 25 to 35 rental units. See, if you're buying a little bit bigger, one, it's easier to do transactions zero down on commercial multifamily properties. You have way more options. Two, you scale unbelievably faster with more top-line income. There's the opportunity for more bottom-line income. In addition, with multifamily, you're not competing with everyone who wants to buy a single-family house. As an added bonus, you're not taking away houses from families who actually want to have the American dream and own a house. You're able to actually provide housing in buildings that are literally designed to make money, to provide housing. If you want to scale the business, if you're actually looking for financial freedom, you're looking for larger buildings— 10, 20, 30-unit buildings. You can knock this out in 2 or 3 transactions over the next few years, complete financial freedom.