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Jody Rouse
  • San Diego, CA
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Does the Multi Family market lag a hot single family market or trend the same

Jody Rouse
  • San Diego, CA
Posted May 20 2015, 00:16

I have a goal of accumulating enough equity in single family homes to 1031 into a multi family 5 plus commercial property.  Will the 5 plus unit market get hot when the single family does?  if so I would be selling high in 1031 and buying high in a property with units to manage?  If so I may rethink my strategy to get into 5 plus commercial loan on residential units another way.  I live in California and the equity in these homes can accumulate well.