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Aaron Hernadez
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Single family home or multi unit

Aaron Hernadez
Posted

Hello I'm new to real estate so my current process right now is speaking to lenders on having a better debt to income ratio and where I need to be at financially to get pre approved. I'm in the dilemma on if for my market it would be more beneficial to house hack by doing rent to room or do a multi family. I also want to ask how would I go about researching my market to see which would be the best option. 

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Kerlous Tadres
  • Realtor
  • Columbus, OH
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Kerlous Tadres
  • Realtor
  • Columbus, OH
Replied

Hey @Aaron Hernadez, If your area has a strong demand for rooms, renting by the room usually cash-flows better; small multis are easier and more stable long-term. I’d check local rents on Zillow/FB Marketplace/Furnished Finder and run the numbers for both to see which hits your goals. Also, drive the neighborhoods to get a feel for demand and turnover.

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Kerlous Tadres | Reafco Real Estate
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