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Updated about 1 year ago, 11/21/2023
Building a 4-plex instead of buying one...
I am wondering if building would be better than buying. I live in Portland Oregon and the cap rates for multifamily are around 5-6% max.
My idea is to buy some land, and build a 4-plex on it. House hacking on one of them. Anyone have advice, ideas, or subject matter experience on this?
Thanks.