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Updated about 10 years ago on . Most recent reply

First Multi- Family deal. Thoughts? Things to consider.
Hello. Looking at my first multi- unit. Here how it breaks down.
Asking $52,000.
3 units. Two bedroom- $475/ mo. 1 bed $400/mo. Efficiency $200/mo. Rent=$1075 Those are current rents. Efficiency and 2 bed have long term tenants currently occupied. 1 bed upper level is vacant.
Most Popular Reply

You may find a better insurance and you could decrease your real estate taxes based on your purchase price