Looking To Buy a Multifamily Property? Here Is What You Need to Know!

Yes, there are a whole lotta considerations when deciding to purchase a #multifamily property and your trusted real estate advisor should know this to understand how to guide you best:

Will you be purchasing the property for you to live in or for investment❓

How much down payment do you have❓

What’s your budget for completing upgrades❓

What are market rents in the area you are looking to buy in❓

What do mortgage payments look like with today’s interest rates and possibly a bit higher❓

What are your future plans and goals for this purchase❓

What’s most important to you when purchasing a multifamily property- cash flow or appreciation❓

What other considerations and questions can you think of that would be important to know as you make purchasing decisions❓


Did you miss our previous article...
https://trendinginrealestate.com/multifamily-investing/how-much-this-10unit-apartment-makes-me-every-year-realestateinvesting