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Updated about 5 years ago,

User Stats

7
Posts
0
Votes
Edward Cates
  • Rental Property Investor
  • Vista, CA
0
Votes |
7
Posts

Multi family vs single family home

Edward Cates
  • Rental Property Investor
  • Vista, CA
Posted

Hello everybody thank you for the last information on the room most recent post it was amazing a lot of insight from everybody and I hope that we can get more input on this topic the current topic is:

I have pre-qualifications for price range of multi family property out here in San Diego and Am able to put down the required down payment.

My only issue is that I cannot find a current multi family home with a good enough ROI. look on all the LMS listing websites and I spent hours , now days looking through hundreds of properties.

On the contrary I do find a lot of single family homes that are up to 15% or more return on investment properties for my first deal it would require a lot less money and a lot less leverage would you recommend that I test the experience to get involved into this I do wanna get on the fast track to earning more passive income and Am able to get a duplex/ fourplex, but again the issue is finding those good multi family deals vs single family deals.

Would you recommend starting small going big? I can retire faster I know it’s a slower process and I may learn a lot but I am ready to excel and turn my earned income to passive income!

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