SFH vs Small Mulitfamily transaction as an agent

[Sabrina Maples]

I've done SFH transactions and land transactions but am looking to focus in on small multifamily. Is there any difference in the process as far as purchase contract or due diligence periods or inspections or is it exactly the same as SFH? Obviously except for rent rolls, expenses and lease agreements.

[Alex Camaerei]

Hi @Sabrina Maples I'm assuming you're referring to properties with 4 units and under? That would be categorized as residential real estate and can be conveyed on the same agreement of sale that you would use for SFR (at least here in PA). That would mean same contingencies, timelines, etc. I would connect with some lenders who do a lot of investment mortgages or have helped a lot of house hackers so you can be well versed in the financing opportunities available to people thinking about purchasing multi-family properties. This would be a question for your Broker, honestly.