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Updated almost 3 years ago on . Most recent reply

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Andrew Freed
  • Investor
  • Worcester, MA
1,391
Votes |
1,272
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Who says you can only get multis with cash?

Andrew Freed
  • Investor
  • Worcester, MA
Posted

My buddy and data geek, @Ian Hogan, ran some cool data from the MLS on methods of financing for Massachusetts multis. To our surprise, most multis are financed with FHA and Conventional financing at a whopping 77%. I just wanted to pass this along to the community with the hopes of offering encouragement to the many investors out there losing to cash buyers. You will land a deal if you put in competitive offers on a consistent basis. Good luck hunting out there my friends!

Most Popular Reply

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Tom Wagner
  • Real Estate Agent
  • Minneapolis
218
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338
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Tom Wagner
  • Real Estate Agent
  • Minneapolis
Replied

Incredible chart, thanks for sharing.

Going to save this one for the next time someone comes at me with "yOu CaNT bUy A prOpERtY wITh An FHa LoAn iN tHis MaRKeT"

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