Buying a Multi-Family Home In 2023 | What you MUST know before...

Buying a Multi-Family In 2023 - here is what you need to know BEFORE you search and before you purchase.

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Must Knows When Buying a Multi-Family
Recap of Video:
✅ What to know when 💵 financing a Multi-Family 🏡
- Needed Cash Reserves, Rents being used towards income, down payments
✅ What to consider when buying a 🏡 Multi-Family
- Maintenance & repairs, tenant issues, higher up-front costs, location
✅ The additional rights afforded to a owner who lives in the property
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Video Chapters
00:00 - Introduction
0:21 - Must Knows When buying a Multi-family
0:33 - Reserves
1:07 - How are reserves sourced?
1:20 - Can rent be counted towards your income?
2:01 - Does a 4 unit multi-family make sense?
2:21 - Down payments when buying an multi-family
2:34 - Things to consider: Maintenance & Repairs
2:55 - Things to consider: Tenant Issues
3:10 - Things to consider: Higher Up-front Costs
3:35 - Things to consider: Location
3:53 - Things to consider: Homeowners are afforded additional rights
5:16 - Conclusion
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Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!