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Updated over 10 years ago on . Most recent reply

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Edward Geyer
  • Middletown, NY
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Curt Davis
Agent
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  • Flipper/Rehabber
  • Memphis, TN
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Curt Davis
Agent
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  • Flipper/Rehabber
  • Memphis, TN
Replied

This is all personal opinion I guess.  Depends on your market and your risk tolerance.  

If your multi family is in a less desirable area expect vacancy, maintenance, theft and vandalism.  

I dont know your market.  

For example, if you buy a home for $60k and rents for $795 compared to a multifamily you can buy for $70k that rents each side for say $595, I would not go for that. It will be a long term headache.  This is just my opinion based on what I have seen in my own market. 

To get into good multifamily you will most likely pay the price for it.

  • Curt Davis

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