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Updated over 8 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Andrew Jones
  • Flipper/Rehabber
  • Rodeo, CA
5
Votes |
22
Posts

How to get comps on multi-family

Andrew Jones
  • Flipper/Rehabber
  • Rodeo, CA
Posted

Hi, BP community! I'm a new investor looking for my first deal. My current plan is to use the brrrr strategy on a multi-family with the intention to house hack. I was looking at a triplex recently and could only find single family units for comps, however some of them were similar in size and bedroom count. I was able to find a few smaller duplexes a little further away, but the neighborhoods were a little worse. 

Does being a multi-family add any value to the property or should I assume the value would be about the same as a similar sized single family? 

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