James WisePoster
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Why I’d Buy a Fourplex Before a 5-Unit Building in New York
James WisePoster#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Why I’d Buy a Fourplex Before a 5-Unit Building in New York
A fourplex is the biggest residential property you can buy while still qualifying for traditional 1–4 unit residential financing. Once you jump to five units, you’re generally stepping into the commercial lending world with different terms, amortization schedules, and balloon payments. For New York investors looking to build a rental portfolio, understanding that financing cutoff can make a huge difference in how you structure your next acquisition.
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New York, New York