All Forum Posts by: Dwight Heffelfinger

I’m trying to figure out how far my money could go in specific markets, so I can focus my efforts. Or another way to think about it is how much would $X amount buy in terms of a MFP in a given area. Where would I begin to figure this out?

Thanks for the responses & input Christi & Jonathan. I think what I’m trying to figure out is how far my money could go in specific markets, so I can focus my efforts. Or another way to think about it is how much would $X amount buy in terms of a MFP in a given area. Where would I begin to figure this out?

I’ve been reading & learning about investing in MF properties, and I’m enticed to begin. I’d like to start with a 2-4 unit property that I could buy & hold, adding value over time. One question I’m hoping this community could shed light on is, how I could determine specific cities/towns & types of properties I could attain. Are there any websites that may realistically help get this sense? I’ve already gone through a lender to figure out how much property I could invest in. My next step is trying to determine where. As a point of reference, I’m based in NYC and looking outside the metro area. I appreciate your insight.