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Updated over 5 years ago,
BRRRR: Pros and Cons of Multi-families
Good evening BP,
What are the positives and negatives of sticking to BRRRRing ONLY multi-family (2-4 units) homes?
The reason why I want to stick to this strategy is that if I lose a tenant I know that I won't be left with the full mortgage payment to pay like I would if I owned pure SFR.
On the downside, I know it is not easy to determine COMPS for multi-family homes because sometimes there won't be any mult-family homes around to try to figure out the ARV of the property.
Am I making a mistaking by not considering SFR to my portfolio?