How to get comps on multi-family

[Andrew Jones]

Hi, BP community! I'm a new investor looking for my first deal. My current plan is to use the brrrr strategy on a multi-family with the intention to house hack. I was looking at a triplex recently and could only find single family units for comps, however some of them were similar in size and bedroom count. I was able to find a few smaller duplexes a little further away, but the neighborhoods were a little worse. 

Does being a multi-family add any value to the property or should I assume the value would be about the same as a similar sized single family? 

[Kevin Wang]

Hi Andrew Jones

Can be used for any homes not just wood. These methods are mainly for estimating the value of the home. To calculate your equity, take the estimate value of home minus the debt. Hope this helps