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Updated about 10 years ago,

User Stats

158
Posts
111
Votes
Andrew Adam
Agent
  • Real Estate Agent
  • Sioux Falls, SD
111
Votes |
158
Posts

Duplex or 8-plex

Andrew Adam
Agent
  • Real Estate Agent
  • Sioux Falls, SD
Posted

Greetings!     I currently have one duplex and am saving for the next rental. Long term I am focused on getting passive cashflow. I like multifamily rentals, and am debating between saving the 25% down abo 15-20k for the next duplex ( 70-100k) hoping to get 300-500 cash flow a mo, rinse and repeat. Or I could save a bigger 25% down payment of about 60k  (which would take longer)for an 8-plex which would cashflow 1800-2000 a month.

   Would it be better long term to buy 4 duplexes, 2  4-plexes, or one 8-plex as my next move/moves?

Thank you in advance for your responses.

  • Andrew Adam

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