Single family vs. Multi family

[Shaun Coan]

How vastly can a single vs multi family home's costs vary and what is the best way to calculate the difference?

[Carlos Valencia]

Hi Shaun, 

It will depend on the condition of each property. For basic comparison multi family at least 2-4 units will usually cost more than a single family as it carries more value. There's also a higher chance that you can cover your mortgage payment with a multifamily than a single family as your limited on how much rental income you can get. I would say to provide everyone more detail on what exactly are you trying to compare when it comes to costs because there's so many different costs for each property. 

@Albert Bui @Matthew Kwan