We just bough out 2nd property (single family with a 2br ADU in basement) with the intention of renting out the ADU.

Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.

Quote from @Unal Baris Kancoglu: I bought my first multi-family home in 2024, and I am living in it.

The problem with Multi Family is that unless you or your partner have $10M or so of net worth and $1M in cash laying around as well as prior experience with commercial real estate, you can't get the loan. 

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

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

You want to look for like/kind SOLD properties to compare so, single family to single family and multi to multi (2-4). 

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

Hey everyone, I’m trying to decide between purchasing a single-family home or a multi-family property for my first real estate investment in Detroit, and I’d love to get some advice. 

Hello BiggerPockets community! I’m currently on the hunt for my next real estate deal and have narrowed my focus to Columbus, Ohio. I’m working with an agent but am looking for assistance in sourcing potential deals, ...