PROs of a Multifamily as a Real Estate Investment

[Ralph DiBugnara]

Many First time Home Buyers are attracted to Multi-family homes, for various reasons. Here are some pros of purchasing a multi-family property:

· Qualifying for a higher loan amount. The lender can use the other units' proposed rental income to estimate your loan amount.

· Cheaper mortgage payment due to cash flow from renting other units.

· Potential long-term investment after you decided to move to your forever home.