Not ready for a big multi-family apartment transaction? Buying a single family home or a duplex, triplex, or 4-plex can be a great place to start.
When you buy a single family home or a 2-4 unit multi-family home, you are still able to obtain a low interest residential real estate loan. Anything with 5 units or more requires a commercial loan.
Buy a duplex. Live in one side and rent out the other. Oftentimes, the tenant pays the mortgage while you enjoy the investment. That's a great strategy for those just starting out.
Are you interested in owning rental property, but you're not sure where to start? Contact me and we can meet and discuss some ideas. I love helping others!