Hello everyone, my name is Portia Bright born,raised and sauteed in Harlem New York :-)  I moved  into a townhome in Hackensack NJ 2 yrs agoI am actively researching where to purchase my first multi family home(2-4 doors).

We opened up the dining room and also relocated the door to the back porch.

You maximise income through # of doors.

Attractive multifamily acquisitions will be captured by buyers who secure assets that are “right priced” to account for rising interest rates."

Keep in mind that rental rates continue to rise with no end in sight.

@Michael Ablan is correct in stating the terms are worse for commercial but with rates rising most the commercial lenders I work with are lower than what you would see on Conventional cash out investment loan that is that small. 

What we have done: all new kitchen 6 years ago, all new bathrooms last year, new energy-efficient windows and sliding glass door, new drywall texturing, new base and case, created a 4th bedroom in the basement (cut a window and finished the room), new HVAC 4 years ago.

I was able to raise rents $100/door within 3 years.

Increased rents $75/door since purchase.

The cost of living rises every year.