Multi-Family Properties
There are typically 20-40 duplexes and multiple unit properties available at any given time. The owner can live in one of the units and rent out the other which can help in the mortgage qualification, especially if the property has a strong rental history. There are certain tax advantages to this form of home purchase and we can discuss the intricacies with you. Please contact us with any questions that you may have.
Duplexes and multi-unit buildings can also be an excellent investment depending on the amount of down payment and current interest rates. There are opportunities for price of ownership units and “fixer-upper” multiple unit buildings which can generate excellent positive cash flow once remodeled.
There is also the option of buying investment properties with IRA funds to hold for retirement or to generate tax-deferred cash flow gains. Contact us for more information on this easy and lucrative way to own an investment property in Marin or Sonoma County.
