Ok. Whoa. Not really very answerable questions here.
First. What kind of multi family? 2 unit? Or apartments? Or what?
How much are you looking to spend? And what % of your investable assets is this?
Have you ever bought any real estate previously? Are you employed? Any income at all? Do you plan on getting a loan?
Have you heard of the 1% rule? Know this. How about the 50% rule? Know that one too.
Are you handy? Do you DIY projects? Do you want to manage properties? Do you want a side gig or pay for management?
Realistically, you are buying an asset that produces an income. You need to know your cash flows, expected expenses, capital expenditures, and then use a multiple to figure out the value of the asset. Pay for the asset at that price or less than that price.
Worst case? You sell the asset again. Maybe take a loss on transaction costs and capital expenditures, but it’s doubtful you would ever have a total loss.
Plus read a lot. Read the case studies here. Go on BiggerPockets and check out some of the basics.
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