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Updated almost 5 years ago,

User Stats

8
Posts
5
Votes
Cole Hoffmann
  • Investor
  • Lafayette Hill, PA
5
Votes |
8
Posts

Where to BRRRR in Philadelphia/ Suburb Markets?

Cole Hoffmann
  • Investor
  • Lafayette Hill, PA
Posted

Hello 

I am looking to purchase my first rental property in the next few months and would like to hear about any ideas of where to search in Philadelphia or any of the surrounding areas - ideally no further than 30 miles from the city. 

I am most interested in the brrrr strategy and would like to explore the option of a multi family property. 

If anyone has first-hand experience in these markets, would you recommend looking at any particular area with the brrrr strategy (and possible multi fam) in mind? What is a safe closing costs percentage to use in this area when looking at a deal? 

Any other related information would be greatly appreciated!

Thank you
 
 

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