In 2023, there was an 11% difference between what sellers listed their properties for and what they actually sold for.Since it has the highest count of sold small multifamily properties, here are House Hacker's top 10 Queens neighborhoods:Jamaica: 102 dealsFlushing: 71 dealsGlendale: 41 dealsAstoria: 34 dealsEast Elmhurst: 32 dealsBayside: 29 dealsCollege Point & Corona: 27 deals, respectivelyWoodhaven: 25 dealsWoodside: 24 deals* Just missing the top 10: Far Rockaways: 23 deals - Maspeth, Ozone Park & Ridgewood: 22 deals, respectivelyHow optimistic are New York sellers?

The lender will find it one way or another and it will be counted in your DTI calcs. 

.- While MTRs can be any size property, the bedroom/bathroom count is really important, especially with larger properties.

If I break even on mortgage payments and don't cashflow I count it as a win.

Just wanted to get the word out that I'm starting a meetup for BP members local to Martin Count, FL and Saint Lucie County, FL. 

Generally "multifamily" in real estate will tend to mean 5+ units, but if looking for 2-4 units your current options that you listed are pretty good - but would not apply to anything bigger by unit count

Since it has the highest count of sold small multifamily properties, here are House Hacker's top 10 Queens neighborhoods:Jamaica: 102 dealsFlushing: 71 dealsGlendale: 41 dealsAstoria: 34 dealsEast Elmhurst: 32 dealsBayside: 29 dealsCollege Point & Corona: 27 deals, respectivelyWoodhaven: 25 dealsWoodside: 24 deals* Just missing the top 10: Far Rockaways: 23 deals - Maspeth, Ozone Park & Ridgewood: 22 deals, respectivelyHow optimistic are New York sellers?

Because we are in house with our development deals I am not counting on someone else's ability to find a good development deal.

Not to mention this is not counted as a legal area of living for owner occupied financing (if you're buying a multi unit).

.- Your name- Property name or address- Unit count- Date closed- Are you the operator?