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Updated over 7 years ago, 04/25/2017

Account Closed
  • College Park, MD
2
Votes |
4
Posts

Where are the Multifamilies in Maryland?

Account Closed
  • College Park, MD
Posted

Hi BP friends,

I just got a hold of Scott Trench's new book Set for Life (Absolutely AMAZING read, by the way. If you don't have it and you're a W2 Employee like myself, get it. Please!)

Anyhow, Scott makes a great point about multi-family investing as a first-time homebuyer. I wanted to know, based on you guys' experience, where would the most opportunity lie in finding a triplex/fourplex (Preferably fourplex) in Maryland? Assume the price-point is negligible, you'd use an FHA loan to finance the purchase, and you'd be house-hacking the property. What counties in Maryland have fourplexes available for first-time homebuyers to purchase, are the best benefit and value to the buyer, and what would the rents look like in such areas?

Thanks!

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