My guess is that you will pay less per month with multifamily than a single family. 7.

The HELOC would act as en emergency way to tap into their equity if needed - as long as they don't spend it unwisely!

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

Prepare financially by saving for down payments, improving your credit score, and setting aside emergency reserves.

Another aspect of this is parasitical family members who are suddenly "close to you" and need accommodation because of some unexpected and horrible and unfair emergency. 

I own a large portfolio of single family properties and all of my info I give out comes from my personal investing expierence. 

A) The $40K cash on hand was not including my emergency fund and merely represented what I wanted to stick to as a low ~10% DP or to be used for a small refresh/reno. 

If they want to sell it and have emergency funds for medical bills, seller financing likely won't appeal to them. 

Hello! Curious what everyone’s seeing/thoughts on new construction, smaller multifamily projects as far as costs? Any estimates on price per square foot for standard 3 flat, no basement and basic finishes -3 beds 2 ba...

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