Buying a 4 unit or 2 family house

2 Replies

Hi everyone, I am struggling if I buy a 4 unit house or a 2 family house. The price of the The 2 family is 40k higher than the 4 unit house. The 4 unit house has 3 x 1bed and 1 studio. They are both in the same area but the 2 family house is in a better location. They both generate a good income. The only concern is the 4 unit house has some challenging tenants. It’s gonna be a big project to have them move out at the same time and I do not want to wait until next year to apply the mortgage. The 2 family house has tenant as well but they are ready to move out. Please give me some advices. Thanks!!

@Dennis Chiu

I like the idea of having 4 units vs. 2 units however buying in a better area is probably the better decision. Also, the 4 unit has smaller units which might have more turnover. The 4 unit would need to be at a sizeable discount to choose than one over the 2 unit.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you