1% rule on multi family house

[Edward Dones]

hello everyone my question is, how does the 1% rule work on multi family properties. I live in western Massachusetts and I'm buying my first multi property and will be house hacking at the same time.

Rent for a 2-3 bedroom 1bath can go from 800-900 which is incredibly less than the 1% rule for a purchase price of 150k so is it the 1% rule for multi property house for the total of the property or for each unit. All help is appreciated and will be hopefully closing on a 2-3 family house within the next two months hopefully 

[Eric Munson]

@Edward Dones - It is the total income from all apartments, laundry etc.

$900. X3 units is $2700. Per mo.

1% would be purchase price of $270k. I'm not far from you and I can hit those monthly numbers for $200k and below all day and much better for rehab project. Good luck