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Updated almost 4 years ago,
FourPlex vs. Apartments
I’ve been renting single family homes for years. Now, looking to jump into it more directly, more focused, more accelerated. Have a team in place, which will need to be expanded with growth.
Through research, there’s those who say to stay within 1-4 units (residential) and there’s those who are suggesting to skip it and move to 5-20 unit apartments. Start on the lower end and move to more unit buildings. Basically residential or commercial.
Yes, the goal is to accelerate the units quicker, but I do know the other pitfalls of moving into the commercial side, especially with financing.
Initial thoughts...?