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Updated about 3 years ago,
Looking for small multis (2-4 units) for under 100K
Good Morning,
I am married and have a two year old kid. My wife and I are both employed with 6 figure jobs. I bought a two family for 185K in 2016. I house hacked and lived in it for the past 5 years (thank you BP) lol. That strategy has changed my life. The house is now worth 350-400K. I am thinking about pulling out the equity. My wife wants to buy a 4 BDR house (I live in NJ) which is sky high right now. Long story short, I would like to take some of the cash and grab an out of state multifamily. Does anyone have suggestions where I can purchase an out of state multifamily for less than 100K. I am looking to invest out of state because the prices in NJ are insane. Also if anyone has any general adult advice for someone to make smart decisions with investing lol I am open to that as well lol