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Updated over 5 years ago on . Most recent reply
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Single family vs multi-family
So been watching a lot of Grant Cardone, and I understand the logic behind multi units vs single family. But, my question is; can having multi single family also work similar to having one big multi unit? I have one unit and I am trying to get more but I don’t have hundreds or thousands of dollars to pay for a multi unit right now. Can I get a few single family and build from there? Any and all input is greatly recommended!
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- Property Manager
- Virginia Beach, VA
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@Jamaar Brown - I also focus on single family in Hampton Roads. I have a few duplexes, but find that SFRs are easier to find and easier to finance. Right now our multis are selling at a lower cap rate than the investors I know can ever remember. Come join us at the Hampton Roads Landlord Association some time! We have a great group of like minded folks who share ideas, strategies, mistakes, and knowledge at a monthly lunch & learn. Just google it and you can find a link.
- Patti Robertson
- 7574722547