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Updated over 4 years ago on . Most recent reply

User Stats

39
Posts
13
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Trey Prince
  • Rental Property Investor
  • Westfield, MA
13
Votes |
39
Posts

Acquiring multi families

Trey Prince
  • Rental Property Investor
  • Westfield, MA
Posted

Is this a good market to be carrying a mortgage on multiple properties ?

Most Popular Reply

User Stats

815
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446
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Cassidy Burns
  • Investor
  • Washington, DC
446
Votes |
815
Posts
Cassidy Burns
  • Investor
  • Washington, DC
Replied

Hey @Trey Prince , this really depends on the assets that are backing those mortgages.  If they are good cash flowing rentals in good locations, then yes of course, the more you buy , the better.  BUT, if they are properties that are struggling to stay occupied, cash flow is slim, in a location with not much growth potential, then maybe you should consider liquidating them. 

Good luck!

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