Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Buy single-family home in cash or finance a multi-family property
Hello everybody! Can anyone help me decide what would be a better option financially in the current market / with current interest rates. I have around 500k cash and would like to buy an investment property in South Florida area. I could buy a 3/2 SFH for cash or a multi-family (2lex, 4lex) for up to 1 Mio. and get it financed. The rate of return would be similar in both cases, but not quite sure if it is worth getting a multi-family and pay so much in interest (ca. 8%). Thank you so much in advance!