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Updated over 6 years ago on . Most recent reply
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Multi-Family Cap Rates
I'm actively looking for a multi-family property to buy. I'm particularly interested in the 4-10 unit size to start out. I have a few basic questions. When analyzing a multi family property, what are the main aspects you look for? (Cash Flow, Purchase price, Ability to Resell, etc.).
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1) you need to differentiate between the type of properties you're looking for: 2-4 units is considered residential MFH, 5+ units is considered commercial
2) in terms of the main aspects, there are too many to list. Search through BP, listen to podcasts, and read a few MFH books prior to starting your journey. You'll be a lot better equipped once you get educated.