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Updated almost 9 years ago,
New in Columbus: Need Multi-family Advice!
Hey BP family!
First time purchasing, unique deal. I'm looking at purchasing 2 single family properties located on 1 parcel of land as a small multifamily. Lower-middle area and collects about $1400/month total. Any quick insight is greatly appreciated!
Questions:
1.) Do these type of properties rent well?
2.) Creative Financing options? FHA Lender recommendations for these type of properties?
3.) Things to know/look out for if you're in my shoes?
4.) Is property management needed for this type of scenario?
Thank you in advance for your feedback;)