Investment Info:Single-family residence buy & hold investment.

The zone you are in could be single family homes only or there could be requirements for having multiple units such as a larger lot size based on number of units. 2.

Hi BP Family!

Hi all - I found a good property near Temple University which is multi family.

If you have low capital and are brand new to investing, you should try and start with smaller multi-family.

But what we are seeing in the southeast is that prices have risen to the point where buying single-family rentals for cash flow doesn't often pencil out unless you have gotten a significant off-market deal.  

Wanted a property that we could visit as a family and build on eventually and still cash flow in the meantime How did you find this deal and how did you negotiate it?

If its a single family they generally throw the 12 month rule out there because it throws a red flag if you put a tenant in there shortly after buying the property.

For example, my "Buy Box" is single family homes (at least 2bedrooms / prefer 3bedooms, turn-key ready (no rehabbing needed), in military towns.Property Type: Single Family / Multifamily (duplex/fourplex)Bedroom Count: 2bed/3bed, etcCondition: Distress (rehab needed) / Turn-key (no rehab)Location: Towns/States/Cities I hope this helps!

CrowdStreet has never had a losing deal since inception and I've cashed out deals in the mid 20's, not bad for investments secured by multi-family.