The answer is Absolutely. But let's be absolutely clear about this.

You will need money to close on a property. That's a fact. You will never show up at a closing table without having to bring a checkbook.

[OK. In the interest of full disclosure, I have shown up to a closing table without a checkbook and walked away with a property but that is the rare exception and my objective is to educate you on what is most likely going to happen in your multifamily business].

I will be going over different ways to do this at the next Boston REIA meeting. Why don’t you join us and find out how to invest in multifamily properties – THE RIGHT WAY!