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Phillip Gonzales
  • Real Estate Agent
  • Phoenix, AZ
10
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103
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MULTI FAMILY FOR MY FAMILY

Phillip Gonzales
  • Real Estate Agent
  • Phoenix, AZ
Posted May 5 2015, 13:44

Hey everyone

So I am in the pursuit of a live in 4 plex but I have a family including a new daughter and I am concerned about buying a multi in not such a nice area for them. I am finding many deals where cashflow is doing $200/ door. The issues however I keep running into Is buying same size quads for 100k more to be in a better area vs buying lower end quads for a smaller price. Since I plan on living in 1 unit for at least a year I figured I would spend more $$ for a better quad. After the year is over I plan to buy us a SFR to live in, but I feel a little nervous by buying a lower end property since I will be living in it with my girls. Prices for nice quads are in the mid 200s vs low end quads of mid to low 100s. Anyone's input or experience I would appreciate thank you!

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