Most lenders require you to have a partner with multifamily experience if it is your first large deal.
Unlike houses, you can "force" appreciation by increasing rents or cutting expenses, which directly raises the building's value. how to buy an apartment building
“I suggest starting with a book by Berges or Lindahl or both. That should give you a good introduction to how multi-units are valued, that is the biggest concept to grasp IMO.” BiggerPockets · 12 years ago Most lenders require you to have a partner
Below is a review of the top-rated resources and the critical consensus on the process as of April 2026. 📚 Top-Rated Educational Resources That should give you a good introduction to
“Most lenders will look for prior multifamily experience. If you don't have it, not only do you need to be able to bring 20-25% down, but they will want you to have a partner that has that experience.” Reddit · r/CommercialRealEstate · 2 years ago 🛍️ Where to Buy These Guides Price (Approx.) (Berges) Complete Guide (Berges) Small Apt. Buildings (Sims) Barnes & Noble To help you find the best path, tell me:
Learning the due diligence process and finding "hidden" profits.
by Steve Berges: Often cited as the best "bridge" for investors moving from single-family rentals to commercial underwriting.