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Updated over 1 year ago on . Most recent reply

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FHA Multi Family under a Mil in Mass or Nearby areas

Abhishek Sharma
Posted

Looking to start working in Boston suburbs, I am thinking of getting a 2,3 or 4 family within 40-55 min drive. What areas do you suggest where I can off set costs ? Should I go outside mass ? Also thinking if I can't find multi family, I will get a house with in law and just airbnb it 

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Justin Hammerle
  • Realtor
  • Providence, RI
262
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Justin Hammerle
  • Realtor
  • Providence, RI
Replied

@Abhishek Sharma - I am not sure how far under a $1m you are but if you are close like in $800-900k range, you should be able to find a MFH in Boston Metro that you can afford.  Inside I-93/95 will be a challenge, but outside it and inside I-495 should be fairly open to you.  I would stay within the commuter rail system and focus in areas where you are not too far from major arterial roads connecting you to I-495; Like Route 1, 3 and 9. IMO that's where your likely to see the most value growth.

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