Long time lurker, first time poster.I have been evaluating multi-family properties using the BRRR and other cash-flow calculators.

I am interested in selling my house and purchasing an owner occupied multifamily but I am hesitant as I just paid $7k closing costs, will have somewhere around $7-10K closing costs on the multi and will pay a 4% agent fee for the sale of my residence.

There are 6 billion "it depends" scenarios and only a portion of them depend on financing. 

I'm looking for more multi-units.

We have an old boiler with hydronic heating runs in several one of our multi-units.

I have been in the single family rental real estate market for the last 10 years and trying to 1031 into a multi-family unit in the Boise area and it is proving HARD to come by!

Just remember , it sounds easy , everybody thinks its a quick buck , lots of people are trying to do it . 

Where my specific situation gets a little more confusing is that I have multi family units where there is a mix of longterm tenants and short term so I wasn’t sure if there is a tipping point where everything becomes schedule C vs.

Does anyone have experience investing in SFR or small multi-family properties in Monmouth/Ocean County?

The above will get you within a few bucks a month.PMI, which comes with conventional non-FHA mortgages, can vary by lender.