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Updated about 3 years ago, 11/26/2021
4plex Vs. SFM for first time investor?
First time investor...Came across a good opportunity to invest in a 4plex (with established tenants but inspection can only be done during the DD period).
I am feeling uneasy as I have always envisioned starting with a single-family home.
cons? Pros? Would banks treat the loan differently? Anything I should consider differently than I would purchasing a SFH? If the numbers indeed make sense should a first time investor go for a 4plex or start with something smaller at first?
TIA