Quote from @David B Graham: Investment Info:Small multi-family (2-4 units) buy & hold investment.

That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.

For the mortgage you are looking at, you will be buying the mortgage on which apx 80K is due for apx 14K.

The reason most inexperienced investors buy in Detroit or Cleveland is because of cheap pricing.

Are you looking to buy a duplex for your house hack?

Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.

Hi Folks,I would like to know your opinion, is it good idea to buy $1M multifamily (two family) house for investment purpose in jersey city area (jersey city heights).

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

Just one example of a market getting overheated and then right-sizing.Same is going on with syndications, STRs and soon LTRs.BP took off after the Great Recession when investors could buy almost anything and rent it out for positve cashflow.

I am looking to buy a condo or apartment in nyc five borough area or any neighbouring counties( Long Island, Westchester).