Did you know that you can buy a property up to Fourplex?

Did you know that you can buy a property up to Fourplex?

You can buy a property up to a fourplex as a primary residence as long as you're gonna live in one of the units. So, you can buy a duplex, a triplex or a fourplex live in one of the units and use that as an investment property essentially. You can buy it with as little as three and a half percent down, and the best part is let's say you bought a fourplex you put three and a half percent down other the rents for the other three units should easily cover the mortgage. If they don't cover the mortgage that's probably not a great investment or the seller might be asking too much for it but you can buy a fourplex live in one of the units and now you've got the other three units paying your mortgage for you you're probably even making a little extra money on the side and the best part is if you don't qualify for the price of that fourplex you can actually use the rent from the other three units to help qualify for the payment.

 

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