12/09/2018
4 Advantages to owning multi 2-4 unit buildings
1. Financing. 2-4 unit properties fall under residential lending guidelines and can therefore be purchased through FHA with as little as 3.5% down payment.
2. Reduced Overhead. Owners get the benefit of having multiple incomes that can pay for expenses.
3.Reduced Vacancy Burden. If you lose a tenant in a 3 unit you still have rent coming from the other 2.
4. Consolidation of Operations. With 2-4 unit buildings you have multiple incomes all under one roof with only 1 tax bill.