multi-family homes, around 300k

[Jonathan Doss]

Hi BP community, I'm new to this and looking to buy my first home in the near future.

I would like to start with a multi-family home for the obvious benefit. I have seen a couple listing around Jacksonville that are 6 units side by side. here the link. https://www.realtor.com/reales... listing price is 284,900. estimated mortgage is 1067/m.

Im wondering if anyone if familiar with dealing with these, if they are sometimes a good buy or what to look out for on these. I would think you would be able to rent them for 600/m and with just 2 renters your making profit over the mortgage. am i missing something?

should i stick to looking at the 2 family homes of higher grade and hope to break about even on mortgage with 1 renter?

Thanks

[Simon Collins]

Top 4 zips in Jax for most homicides

32254 had 10

I’d pass

Bloodshed blankets neighborhoods at heart of Jacksonville, data shows
https://www.news4jax.com/enter...