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Updated over 7 years ago,
How to evaluate multifamily deal
Hi BP, I'm looking at multifamily properties on the MLS that are 3-4 units. I'm planning on using a FHA loan to get the deal. How do I know I have a good deal on a property or not? Do I use the same steps/ criteria to find a 3 or 4 unit property that I would to find a 5+ commercial real estate deal? I've seen blogs and videos on buying multi-families but they all were specific for commercial real estate deals