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Updated over 4 years ago,
Long term multi-family homes vs SFH?
Just curious of the long term investment of multi-family over SFH?
I'm new and originally was interested in BRRRRing SFH but the numbers in my market don't work. I've shifted to looking at multi-family properties but I have a question I'm hoping someone can answer...
What happens long term when you want to sell a multi-family? It seems so easy to invest in a SFH, cash flow, gain some equity, and eventually have the ability to sell depending on the market. In my head this doesn't seem the same for multi-families. Are there that many buyers for these turn-key properties?? I would think it's much easier to sell and make a nice profit on a SFH in a nice area in 10 years as opposed to a duplex in a less than ideal neighborhood.
Although I’m thinking way ahead... I fear having a portfolio of multi-families that are extremely difficult to sell if I was looking to cash out.
Any advice would be greatly appreciated!