Investing in Duplexes, Triplexes and Four-Plexes in Houston
Investing in duplexes, triplexes and four-plexes are great opportunities for Investors and Owner-Occupants in the Greater Houston Area. This may allow a unique opportunity to purchase for investment or purchasing while occupying one of the units.
If you are purchasing as an Investor, you have some opportunities here in the Greater Houston Area to invest. Investing in duplexes, triplexes and four-plexes allows you to have more cash flow than single family homes.
Buying duplexes, triplexes and four-plexes as an Owner-Occupant can be a great way to become an investor while leveraging cash flow from rents. Many Lenders will be able to use a residential loan for Owner-Occupants of a duplex, triplex or even a four-plex. This is because they are "One to Four Family" residential properties.
Duplex - 2 Units
PROS
- Typically close to, or in, single- family home neighborhoods
- Less risk than fourplex
- More cash flow than single-family homes
CONS
- Lower appreciation
- Usually surrounded by many other rental units
Triplex - 3 Units
PROS
- Typically close to, or in, single- family home neighborhoods
- Less risk than fourplex
- More cash flow than single-family homes and duplexes
CONS
- Lower appreciation
- Usually surrounded by many other rental units
Four-plex - 4 Units
PROS
- Generates high cash flow
- Minimizes financial impact from vacancy
- Economies of scale
CONS
- More upkeep/tenant damage
- Less appreciation
- Tenant conflicts
Our Team would welcome the opportunity to assit you in growing your investment portfolio. We can tailor your investment search and provide you with different types of listings that match your investment criteria.
SEARCH FOR MULTI-FAMILY LISTINGS IN HOUSTON
Try a new search, or click below to get notified when matching listings become available.
Post a Comment