Pros and cons of 4 plex? Financing a 4 plex?

[Victoria S.]

If you are considering buying 2, 4 plex units, can you get a residential loan on 2 separate units to avoid commercial loans?  It is one seller selling the 2 units.

Also, what are your thoughts on buying a 4 plex? Would you do it again? Pros and cons of buying 2, 4 plex units. 

TIA! 

[Joel O'Leary]

If they are separate addresses then yes you can get separate residential loans.

I bought 4 x fourplexes on the same street in the past 12 months. Same seller (very patient) separate loans, 30 year fixed mortgages.

My goal is to slowly acquire the whole neighborhood of fourplexes. Just kidding, but kind of serious. :)