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Multi-Family Investment
Multi-family investments: How to qualify for a loan If you’re serious about a multi-family investment, you need to consider how to finance your future plans. Qualifying for a loan with a multi-family investment property isn’t always the same as qualifying for a single-family property. There are some differences to be aware of. The down payment...
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Multi-family investments: FHA multi-family investing Purchasing a multi-family property is usually a major investment. Sometimes, real estate investors worry about not coming up with enough money to cover a large enough down payment. That’s because, generally with multi-family properties the down payment has to be considerably more than it does with a single-family home. There...
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Pros & Cons of the Owner-Occupant Model  If you’re ready to secure financing, you probably already know there are several different loans out there to consider. The owner-occupant model is one type of financing that can be extremely beneficial to certain buyers in certain situations. In the case of a multi-family property, with the owner-occupant...
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Multi-family investments: Financing tips for multi-family units A multi-family property can be a great investment, but financing one isn’t necessarily the same as financing any other residential property. That’s because, it terms of financing, the overall number of units determines whether a multi-family property is considered residential or commercial. Not only is the type of...
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Investing in a multifamily home can be a savvy way for a Chicago home buyer to live cheap, generate passive income, and ultimately build long-term wealth. In lending terms, multi-family homes with up to four units are considered residential, meaning you can purchase them with a a mortgage just like you would an ordinary single-family...
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