SFH portfolio vs multifamily, experiences
So I have been dead set on multi family apartment unit investing since I’ve taken interest in real estate. I am unfortunately seeing a huge bar for entry in anything local to me. I live in south Florida , where none of the numbers make sense putting 20-30% down on 4-16 doors.
Similar if I were to invest in SFH in good areas close to me(20 mile radius) the numbers don’t make sense for cash flow. BUT I can afford 50% down and this.. cash flow, also sleep well knowing the mortgage payment isn’t absurd if I couldn’t find a tenant.
These SFH properties I’m sure will appreciate. So I’m left with either waiting on a whale of a deal for MF, or buy multiple SFH to chase the cash flow at a slower place.
Anyone have personal experience and decent cash flow in the SFH arena? Or save save save and wait for a MF deal?