With present market conditions how do investors determine to buy sfrs or multi family?
It seems like the hedge funds are focusing on sfrs in the hopes they can get good rental income and wait for the homes to appreciate. Is focusing on sfrs the best strategy under current market conditions? What would be the pros and cons of buying sfrs vs multi family? SFRS seem appealing for the rent and chance for appreciation but wouldn't it be easier to leverage your money in a multi family deal? For example, if you had 70k cash you might be able to buy 1 sfr all cash but if you use leverage that same 70k could buy you a 350k multi family property (20% down). I heard someone say that banks don't like to lend on any multi family property bigger than a triplex. Is that true?