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Updated about 3 years ago on . Most recent reply

User Stats

80
Posts
13
Votes
Tristian Cox
  • Investor
  • Highland Park , NJ
13
Votes |
80
Posts

Looking for small multis (2-4 units) for under 100K

Tristian Cox
  • Investor
  • Highland Park , NJ
Posted

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 

Most Popular Reply

User Stats

1,305
Posts
1,488
Votes
Joshua Janus
  • Realtor
  • Cleveland, OH
1,488
Votes |
1,305
Posts
Joshua Janus
  • Realtor
  • Cleveland, OH
Replied

Hey @Tristian Cox have you checked out Cincinnati or Cleveland, Ohio? They both will have multi families around 100k. 

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