Benefits of owning a Multi-Family homes!

[Account Closed]

This is my personal opinion on benefiting from owning a multi-family home! This is my list!

Higher Loan Limits (Qualify for FHA & Conventional)

More Units! GREATER Potential!

Yellow Brick Road to Real Estate Investing!

#HouseHacking

Streamlined Property Management

Extra Help Towards Mortgage

#SteadyCashFlow

TAX BENEFITS!!

I would love to hear the thoughts and ideas from you guys!

[Evan Polaski]

@Account Closed I am an advocate for multi-unit properties, for several of the reasons you mentioned.  Losing a tenant doesn't take you from 100% to 0%, multiple tenants paying into the roof reserve etc.

But their are downsides:  with Single family rentals, when the neighbor is causing an issue, it is a police call, in a multifamily it is call to you the landlord.

One bad tenant can effect the whole property in a multi-unit, where single family, a bad tenant effects that property.