1 year ago

Buying a Multi-Family In 2023 - here is what you need to know BEFORE you search and before you purchase.

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Must Knows When Buying a Multi-Family
Recap of Video:
✅ What to know when 💵 financing a Multi-Family 🏡
- Needed Cash Reserves, Rents being used towards income, down payments
✅ What to consider when buying a 🏡 Multi-Family
- Maintenance & repairs, tenant issues, higher up-front costs, location
✅ The additional rights afforded to a owner who lives in the property
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Video Chapters
00:00 - Introduction
0:21 - Must Knows When buying a Multi-family
0:33 - Reserves
1:07 - How are reserves sourced?
1:20 - Can rent be counted towards your income?
2:01 - Does a 4 unit multi-family make sense?
2:21 - Down payments when buying an multi-family
2:34 - Things to consider: Maintenance & Repairs
2:55 - Things to consider: Tenant Issues
3:10 - Things to consider: Higher Up-front Costs
3:35 - Things to consider: Location
3:53 - Things to consider: Homeowners are afforded additional rights
5:16 - Conclusion
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