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Updated over 8 years ago on . Most recent reply

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Tony Velez
  • Hvac
  • North Haven, CT
79
Votes |
298
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Multi family? Single family?

Tony Velez
  • Hvac
  • North Haven, CT
Posted
Help! Which one should I jump into? What are your thoughts? Thank you Tony

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Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

You should start with paying all cash for a 300 unit A class building and you will be set for life. 

Of course my guess is you can't do that. So what can you do?  What are your resources? What are your skill and knowledge level? Many things go into this decision. 

Also in some markets Multi-Family properties bring better returns and in some SFH get better returns. My rule of thumb is get the best deals available. I am less concerned about what it is and more concerned about the ROI and the numbers.

  • Ned Carey
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