“Multifamily Homes as an Investment Vehicle”

“Multifamily Homes as an Investment Vehicle”

 

 

Hey Joe,

Hope all is well. I just had a few questions on how to go about purchasing my next multi family? What is some stuff I’ll need to get in order? Finally is it better to try and purchase as an llc or should I keep purchasing them in my name? Also my fiancé would like to be my partner is there a way she can qualify for a cheaper mortgage? I look forward to hearing from you.

Thanks, Dan

 

I am so proud of Dan. His first property was a three family that he still lives in and has managed to save a bunch of money as he has been living rent free from day one. He was in his early 20’s at the time and now it is time for his next investment.

 

Living in a multifamily home is not for everyone, but when it is it can create a lot of wealth. I remember him telling me at the time that when the mortgage is paid off, the property will be part of his retirement.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 3 commentsJoe Petrowsky • November 16 2017 02:49PM

Comments

HI Joe, those are some great questions, what are your thoughts on them?

Real Estate is a great way to invest and diversify ones portfolio.

Posted by David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct (DMK Real Estate ) about 1 year ago

Good morning Joe. Not for everyone, but a great choice for those who like it! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 1 year ago

Joe, this is a timely article since I have been selling duplexes, triplexes, and quads to investors. The cool thing is it counts as only one mortgage but you get more rental doors in your ten mortgage limit.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) about 1 year ago

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