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Updated almost 6 years ago on . Most recent reply

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Pooja B.
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Good time to buy a multi-family (class A) rental in Baltimore?

Pooja B.
Posted

My husband and I plan to live here for the next 2 years. We have found something in a good neighborhood in Baltimore that has 3 units (2 bed 1 bath each) that classifies as class A rental. We plan to house hack for the 2 years and eventually move to greener pastures. Our current rent is $1650. We’ll be barely making 12% returns after we move out of this property to completely rent it out. Want to go ahead but have some nagging second thoughts due to extended time spent on analysis and the upcoming recession. 

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