If you’re like many people, you want to break into the real estate investing market. The good news: You can do exactly that by buying a multifamily property and living in it while you rent out other housing units. This guide explains this option, which can help you kick-start your real estate investment career.
An owner-occupied property simply means that the property owner lives in one of the units as a primary residence while renting out the rest. For many people, this is a smart investment strategy – essentially, the tenants pay the mortgage (in a roundabout way), and you can use the money to make improvements or other
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