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Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Sijie Wang
  • Investor
  • Nashua, NH
0
Votes |
7
Posts

Buying a Multifamily home as an investment property

Sijie Wang
  • Investor
  • Nashua, NH
Posted

Hello BP,

I am currently 25 years old with a stable 9-5 job in Southern NH, right on the border of MA. Currently living with my parents and have saved up enough money for a 20-25% down payment for houses in the 200K~ range. 

My goal is to find a 2-4 unit multiplex and I will hire a property manager as I have no handyman experience at all. I do not intend to live in this so it would be fully rented as well. 

So my question is, does this seem like a viable idea in the current area I live? Is there anything in particular I should be wary of? I still have much more research to do and any advice is greatly appreciated!

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