Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Can I Afford a Multi Family in MA
Hello Bigger Pockets I’m wondering if anyone could help me know if I can pull off buying a multi family property preferably a 2 family in south shore or even close to the Boston area. I’m 21 and have 35K saved to make a down payment and make 40K a year but I’m a union electrician and my salary will increase to 100k a year in 3 years. Will I still be able to pay the mortgage with two units being rented out making a limited amount of money at my full time job I know mass real estate prices are higher than normal.