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Updated almost 8 years ago on . Most recent reply
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Should I stick with multi-family unit or consider SFH
Hey everyone, so I am still searching for my first property to purchase which would be owner occupied. Haven't had much luck with the duplex search so I'm now wondering if I should consider SFH and just try again later with the multi family. My goal is to have a property this year and I do want to acquire a mixture of SFH and multi family units. Is it best that I stick to multi family units or consider SFH if a the numbers make sense??
Most Popular Reply
Hi Tavaris. I would say that it all depends on your financial situation. A multi family property could potentially allow you to cover the mortgage as well as other expenses. If you purchase a single family you will be responsible for paying everything out of pocket. I would suggest that you ramp up your marketing. Good Luck