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Updated over 1 year ago on . Most recent reply
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2 units multi-family more profitable than a 3 units?
I'm looking into an investment property (currently own a condo I'm renting out), I wanted something that I can live in while renting the other unit(s) and kind of have tenants pay my mortgage and rent. I'm realizing that's harder with a 2 unit multi-family than a 3 units. Any advice? I'm looking into the Malden/Wakefield area.
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
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@Andrea Fajardo welcome to BP! Generally more doors is more profitable, and helps absorb vacancies and other expenses. Make sure of your underwriting skills and don't skip steps in your buying process. All the best!