False u can buy up to 4 with 3.5% down if u live in
@rocibelarmengolt98282 жыл бұрын
Truth! I’m doing this right now
@Mark213la Жыл бұрын
I did this a year ago
@AndersonRamirez-pq2zj Жыл бұрын
I did it too
@prettykitty54169 ай бұрын
@@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.
@healthyhabits340616 күн бұрын
That’s facts
@realRodNavarro11 ай бұрын
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
@MomoGetsMoney2 жыл бұрын
Obviously you want to use VA or FHA loans for 4 units or below in an optimal situation.
@Sonofpride2 ай бұрын
Can I use RRSP?
@connorcallan4978 Жыл бұрын
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
@69mcguire2 жыл бұрын
Fha allows multi family
@AdamSchroederPresents2 жыл бұрын
This video assumes you're buying an investment home, not a primary you rent out the additional units, which FHA requires.
@dfwfurnishedhousing85332 жыл бұрын
In my market Dallas I would say they appreciate faster because they are in HIGH demand.
@marialopez-y8e6zАй бұрын
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?
@osrspvm1239 ай бұрын
purchased a triplex for 400k. hoping it turns out to be a good investment
@therealjayaura8 ай бұрын
It will be ! Trust the process
@jasonanderson4388 ай бұрын
Where? I can't find prices like that
@JDB-ru4lp8 ай бұрын
What city and state?
@Money_era8 ай бұрын
Looking to get a fourplex built for 130k
@therealjayaura8 ай бұрын
@@JDB-ru4lp I bought a triplex in atlanta for 320K
@kangaroojack7678 Жыл бұрын
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
@jasonanderson4388 ай бұрын
you cant buy a house for 150k, no way. pls tell me where that is happening
@Mark213la Жыл бұрын
Here in Dallas nobody wants to sell you there multi family
@DavidMonkII2 ай бұрын
That was a great video and added more insight to me. Thanks
@stanmoney84707 ай бұрын
Cash flow has to be better with multi family, but some single family rentals cash flow too!
@sinamen5162 жыл бұрын
Good content, I am new and hadn't considered these tips...thanks!!!
@RentToRetirement2 жыл бұрын
Glad to hear you were able to take something positive away from this video!
@cjplay25 ай бұрын
B+ neightborhood for 160k? You are NOT in a major suburban metro. Not even 2 years ago.
@mitchelllewis95717 ай бұрын
what does the term "house hacking" mean?
@DavidRamirez-fi2ev6 ай бұрын
Living under the same roof as the renters. The renters are paying you to stay there
@jerrycamonjr.95947 ай бұрын
You can put down 3.5% on a quadplex with a FHA loan. PS im a MLO
@Jetsetjessica Жыл бұрын
Great video
@RentToRetirement Жыл бұрын
Thank you for the positive feedback! We are glad you found this educational.
@HicksDonna-g8p3 ай бұрын
Nils River
@WeAllWeGot3332 жыл бұрын
That’s not true I have a VA loan
@Noama-rz4zx2 жыл бұрын
Really ?
@AdamSchroederPresents2 жыл бұрын
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