Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $270,000

Cash invested: $54,000

A multi-family upper/lower duplex in Ankeny found off-market during COVID.

...

There are a lot of options out there.Some of the most useful items BiggerPockets members have identified are features that save time so they can spend time working on their next property.

Do you have any types of properties for rental (SF, 2-4 MF, or 5+ MF)?

Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property.

Insurance on a 1mm property will also go up a lot more than a 100k property. 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

If finding a new replacement is more difficult then get your new property under contract first even before your old property closes.  

There are down payment programs for duplexes, i have not searched or tried to do a 3-4 unit property. 

Choose Multi-Unit PropertiesLook for duplexes, triplexes, or properties with ADUs.