5 Things to Know Before Buying a Duplex, Triplex, or Quadplex | Bigger Pockets Video

Episode #511

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Thinking about buying a duplex, triplex, or even a quadplex? Small multifamily properties are often some of the BEST investments for cash flow, especially if you plan to live in one of the units! But how does this type of property differ from a single-family home? What do you need to know before buying? Listen in to find out!

Welcome back to another Rookie Reply! Today, we’re scouring the BiggerPockets Forums and answering more of your questions. After covering the ins and outs of small multifamily investing, we’ll get into financing your first property. What’s the best loan for first-time home buyers—FHA, conventional, or another option entirely? We’ll put them head-to-head and point you in the right direction! Finally, we’ll discuss several ways to use your home equity to grow your real estate portfolio. From 1031 exchanges to lines of credit, there are all kinds of options!

00:00 Intro
00:25 Small Multifamily Investing 101
13:41 Loans for First-Time Home Buyers
21:13 Tapping Into Home Equity
26:09 Ask Your Question!