Why should I buy a multifamily?
Owning a multifamily residential property with two to four units offers numerous advantages for both new and seasoned investors. These properties provide a steady stream of rental income, helping to offset mortgage costs and build long-term wealth through equity appreciation. Financing options for small multifamily properties are often more favorable than commercial loans, with lower down payment requirements and access to conventional residential loans.
Additionally, owner-occupants can take advantage of FHA or VA loans to secure financing with minimal upfront costs while living in one unit and renting out the others. Multifamily properties also offer increased scalability compared to single-family rentals, allowing investors to diversify income streams and reduce vacancy risk. With strong demand for rental housing, these properties provide a reliable investment opportunity, combining financial stability with the potential for significant returns over time.