Build up or buy another Multi

[Neil Tollner]

Hi All,

I own a 2 family (4 bed 2 bath; 2 bed 1 bath for each unit) 

Brings in $4800/month. 1560/month cash flow

Deciding whether to build up and underpin the basement to make each unit have an additional 2 beds and 1 bath. Making the multi family a 8 bed 4 bath.

This would bring the rental income to 8000/month.

my guess is construction most likely will be 100-125k. what would you do if you were in my shoes? Thanks in advance for any insight!