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Updated 4 days ago, 12/09/2024

User Stats

116
Posts
33
Votes
Jeremy Torres
  • Rental Property Investor
  • TX (texas)
33
Votes |
116
Posts

Buying a quadplex

Jeremy Torres
  • Rental Property Investor
  • TX (texas)
Posted

there’s a 4 plex for sale in my area for $386k I’m wondering if that’s a good price? And if it’s worth it?  I already have 5 rentals jsut trying to scale  little bit.   My plan is to live there for a year then move out and rent the 4th one.  When I submit the offer I’m thinking of lowballing though to see what their counter would be.   As far as financing what would be a good loan?  Conventional or fha ? 

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