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Updated almost 10 years ago on . Most recent reply

John Warren's profile image
John Warren's profile image
John Warren
  • Real Estate Broker
  • from 3412 S. Harlem Avenue Riverside, IL 60546
  • Member since Apr 17, 2015
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John Warren's profile image
John Warren's profile image
John Warren
  • Real Estate Broker
  • from 3412 S. Harlem Avenue Riverside, IL 60546
  • Member since Apr 17, 2015
Connect
John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,077
Votes |
6,031
Posts
Multi-Family and Apartment Investing

House Hacking Larer Buildings?

John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Posted

I have been researching 3 and 4 unit properties in my area, and it seems like the prices are all a little bit high. I suddenly discovered that 5-6 unit properties are better deals than the 3 and 4 unit properties. Can I owner occupy these properties if I take out a commercial loan? I know that I would have to put down 20%, but it seems like it might make more sense and I could get better cash flow. What do you all think?

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