Good content! One thing you don't mention is, the power you have to rise rent with multifamily (up to 4). If rents go up it's harder to rise if the tenant is the same. Sure, you can wait to the 12 month to end and rise for a single family but if the tenants move, you have to find another one and in that case averaging 7 years loyalty isn't helpful. And yeah, you rise rent on a rolling fashion to all 2 - 4 units, which increases your cashflow overall
This video lacked so much information about multi family homes I couldn’t even finish watching and took over 2 minutes to get into the actual video after begging for likes, comments and “hitting that bell” like every channel
I have seen duplexes in good area s but not to often like in Texas very nice clase A area but like u said not to often and there not cheap tks for the info
Great explanation! I have a separate question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). Could you explain how I transfer them to Binance?
A VA loan requires you to use it as a primary and you can choose to rent out the other rooms. This is assuming you're buying a straight up investment property you don't plan to live in
Video starts at 1:38
Hero
Legend
False u can buy up to 4 with 3.5% down if u live in
Truth! I’m doing this right now
I did this a year ago
I did it too
@@AndersonRamirez-pq2zjhow have things been going? Are you happy with your decision? Has it made you good money? I’m looking into buying one too.
That’s facts
Good content! One thing you don't mention is, the power you have to rise rent with multifamily (up to 4). If rents go up it's harder to rise if the tenant is the same. Sure, you can wait to the 12 month to end and rise for a single family but if the tenants move, you have to find another one and in that case averaging 7 years loyalty isn't helpful. And yeah, you rise rent on a rolling fashion to all 2 - 4 units, which increases your cashflow overall
Obviously you want to use VA or FHA loans for 4 units or below in an optimal situation.
Can I use RRSP?
This video lacked so much information about multi family homes I couldn’t even finish watching and took over 2 minutes to get into the actual video after begging for likes, comments and “hitting that bell” like every channel
In my market Dallas I would say they appreciate faster because they are in HIGH demand.
Fha allows multi family
This video assumes you're buying an investment home, not a primary you rent out the additional units, which FHA requires.
purchased a triplex for 400k. hoping it turns out to be a good investment
It will be ! Trust the process
Where? I can't find prices like that
What city and state?
Looking to get a fourplex built for 130k
@@JDB-ru4lp I bought a triplex in atlanta for 320K
I have seen duplexes in good area s but not to often like in Texas very nice clase A area but like u said not to often and there not cheap tks for the info
Great explanation! I have a separate question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). Could you explain how I transfer them to Binance?
Here in Dallas nobody wants to sell you there multi family
you cant buy a house for 150k, no way. pls tell me where that is happening
That was a great video and added more insight to me. Thanks
B+ neightborhood for 160k? You are NOT in a major suburban metro. Not even 2 years ago.
Good content, I am new and hadn't considered these tips...thanks!!!
Glad to hear you were able to take something positive away from this video!
Cash flow has to be better with multi family, but some single family rentals cash flow too!
what does the term "house hacking" mean?
Living under the same roof as the renters. The renters are paying you to stay there
You can put down 3.5% on a quadplex with a FHA loan. PS im a MLO
Great video
Thank you for the positive feedback! We are glad you found this educational.
That’s not true I have a VA loan
Really ?
A VA loan requires you to use it as a primary and you can choose to rent out the other rooms. This is assuming you're buying a straight up investment property you don't plan to live in
Nils River
Monahan Shoal
Mohamed Ports
Kareem Hills
🔥🔥🔥
Good
White Anthony Anderson Amy Lee Melissa