Buying Multi-Unit Properties

the process and benefits

 

Hey there, it's Brent the Broker coming to you from the sunny vibes of San Diego, California. Today, I want to address a common question: Can I buy multiple units? Well, buckle up because the answer is a resounding yes!


Diverse Loan Options for Multi-Unit Properties

When you decide to venture into purchasing up to four units, you'll be thrilled to know that the same loan products are at your fingertips as if you were buying just one unit. Think three and a half percent down on FHA, as low as five percent down on a conventional loan, or even a zero percent down VA option. The possibilities are vast, and the doors are open for those looking to expand their real estate portfolio.


Overcoming Budget Hurdles

Now, let's tackle another common concern. You might be thinking, "But Brent, I was only pre-approved for $600,000. How am I going to buy multiple units?" Well, here's the insider tip: Even if the property you have your eye on is priced at $900,000, there's a way.

We're talking about leveraging the income potential from those additional units. The financial wizards in the lending world will factor in the income you'll generate from the other units, adding it to your personal income. This ingenious move could potentially increase your pre-approval amount, opening doors to properties you once thought were out of reach.


Unlock Investment Potential through Buying Multi-Unit Properties

Imagine living in one unit and renting out the others to ease the financial burden. Becoming an investor has never been more accessible and exciting. There's a plethora of options waiting for you to explore.


Connect with Us

If this has piqued your interest or you're ready to take the plunge into the world of multiple units, connect with us! Find us on Instagram, check out our website, or simply give us a call. We're here to guide you through the process and make your real estate dreams a reality.

Get ready to embark on an exciting journey in real estate with Brent the Broker. Until next time, happy house hunting!

 
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