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Showing posts with the label BostonMultiFamilyHomes

Multi-family Homes in Boston for First Time Buyers

https://bostonpads.com/blog/buyer/multi-family-homes-in-boston-for-first-time-buyers/ As rents continue to rise, more Bostonians are making concrete plans to buy their first Boston home and build equity. A condo or a single-family home in Boston may be the first options that come to mind- and there’s nothing wrong with that! However, if you want to invest and build more wealth in the long run, consider if your first Boston Real Estate purchase should be a multi-family home. While this path isn’t for everyone, it comes with significant benefits. As a multi-family property investor, you could deduct maintenance, insurance premiums, management fees, and other costs. Of course, the primary benefit is that your rental unit(s) will cover most, if not all, of your mortgage payment if you play your cards right. You’ll need to work with an experienced real estate agent as well as an experienced mortgage broker to find the right fit for you and your financial situation. Working with professiona...

Featured Multi-family Homes For Sale in Boston

https://bostonpads.com/blog/boston-housing-market/featured-multi-family-homes-for-sale-in-boston/ Whether you’re looking to reduce living costs or diversify your investment portfolio, investing in multi-family homes for sale in Boston might have crossed your mind. After all, even first time homebuyers are considering this path to homeownership more and more. The appeal is simple: incoming rents will help offset your mortgage costs, and you’ll build equity. If you need help deciding if you should invest in a Boston multi-family, you need to take a hard look at your finances and speak to a mortgage professional. In the meantime, take a look at some of the multi-family homes currently on the market in Boston. You’ll find our mortgage calculator in each listing and get a rough estimate of what your monthly payment would look like!