Multi Unit Living
Amid changing real estate trends and soaring 30-year fixed-rate mortgages, many are reconsidering single-family homes. Cue the multi-unit property, a unique blend of home and investment, now accessible with just as little as 5% down. Let's explore why this is a smart choice right now.
Owner-Occupancy Flexibility:
2–4 unit properties offer the unique advantage of owner-occupancy, allowing buyers to live in one of the units while renting out the others as an investment.
Lower Upfront Cost:
With as little as 5% down, buyers may be able to enter the real estate market with a lower initial investment, making it easier to become investors and secure consistent rental income.
Multi-Family Living Potential:
Combined with a lower down payment, properties designed for multi-family use may offer an attractive living option for families and individuals.