All Forum Posts by: Richard Pennington

 A few things to chew on 1. Multi family really only exists in D.C. proper in our region. 2. Multi family tends to be quite expensive for the most part usually north of a million (with the exception of few areas mainly around the fort totten area) 3. Even at that price point you are likely to to be in some pretty rough area’s. 4. The combo of rates plus prices makes multi family a struggle to cash flow. Now in the very long term 10-15 years they are likely to be good investments as basically no new multi family is being built. But I’d honestly just look at buying a single family or th under 600k and rentjng out the basement, you might end up with less negative cash flow and depending on how the city does potentially even better appreciation. If you have any other questions feel free to ask.