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Updated almost 8 years ago on .

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1
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Adrian Wade
  • Columbus, GA
0
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1
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Multifamily buying strategic

Adrian Wade
  • Columbus, GA
Posted

I'm looking to invest in real estate with a multi family unit. I plan to have to property owner occupied. The kicker is in my current market multi family units aren't in the best area. My goal is buy a multifamily unit to create cash flow. If the location isn't the best but the deal is amazing, do I purchase the property? I know that its 3% - 5% down if its owner occupied, but if its an investment is 25% - 30%. Should I buy the multi family unit or wait until I leave another market. This is my first deal. Can you provide me with some insight on my current situation.