Today I am going to discuss why Top 3 Reasons Why Buying a Single Family as an Investment Property is a better investment than a Multi Family
The first reason is that a single family requires 15% down payment compared to 25% for a multi-unit for conventional financing.
You can almost buy two properties for the price of one and diversify your risk.
The second reason is, if you want to cash out on a refinance, you can get up to 75% of loan to value for a single family compared to 70 for a multi unit with conventional financing.
The third reason is that, when selling the property, more consumers can qualify with conventional financing for a single family with smaller down payments and reserve requirements than multi units. This can make for a faster sale.
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