xhv8mzw7ge79waga35o97s2wbzpfr6 Investing in a Fourplex: [A Step-by-Step Guide]

295 W Center St, Suite A

Provo, UT 84601

(801) 758-8970

(Brokered by RE/MAX Equity & partners)


FIG DISCLAIMER: No investments are guaranteed to result in profits. Net operating income, cap rates, and internal rates of return are subject to fluctuation and may experience a wide range of change, including the potential for operating losses. Factors affecting investment returns include, without limitation, changes in interest rates, tenant vacancies and defaults, property management expenses, repair and maintenance costs, HOA expenses, litigation, insurance rates, and relative strength and weakness in the local and regional economy. Past performance is not a guarantee of future returns. FIG does not provide tax or legal advice, and none of the statements or information on our website or sales materials should be construed as tax or legal advice. All investors are encouraged to seek advice from their own tax and legal professionals. All estimated returns on investments in FIG projects are subject to change and may be significantly different from actual financial performance. FIG is a brand used for the purposes of marketing. FIG is not an actual company but is used to brand the investment strategy used by those marketed on this website. © 2020 FIG & RE/MAX Equity

Investing in a Fourplex: [A Step-by-Step Guide]

You're probably here because you're interested in investing in multifamily real estate but are new when it comes to the process. Even if you've already dabbled in the new construction space, either in single-family or multi—the following guide is designed to help you see the big picture.

We hope this simplifies the FIG process for you and answers a question or two. If you still have questions or are thinking about reserving an investment, let us know.

The FIG Process:

First Steps: Due-Diligence (pre-contract)

  1. Talk to a FIG Professional to establish your investment needs.

  2. Select a development to invest in [examples]

  3. Get approved with lender, and finalize selections & lot for a final price [Lane Aldrichpreferred lender for Utah & Idaho developments]

Contract & Deposit Stage:

  1. Complete a FIG Purchase Contract & Disclosure Signoff

  2. Day One: Deposit $10k to title company

  3. Once Plat Records: Deposit remainder of 10% of purchase price to title company

Steps from Construction Close to Income:

  1. FIG gives 30-day notice to close on your construction loan "you'll need insurance too." (building typically starts within 90 days)

  2. Watch your email for monthly video updates on the project and finalize property management

  3. Receive Certificate of Occupancy, finalize the long-term loan and MAKE MONEY!

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