Is a 4 plex a good investment?

Is a 4 plex a good investment?

Fourplexes also have lower property taxes than four separate rental properties, making fourplexes a sound investment with good financial returns. ... This multi-unit dwelling has the potential to be a reliable income property with a strong rate of return because of its high cash flow potential and financing options.Jun 8, 2021

How much money do you need to buy a 4 plex?

Conventional financing for fourplex properties often requires a down payment of 10% and has a limit of just under $1,000,000. FHA loans: As we mentioned earlier, fourplex homes are eligible for FHA loans. These are federally-insured mortgages that require as little as 5% for a down payment.Dec 26, 2019