Get Rich Education

44: How A Four-Plex Building Can Be Your Massive Wealth Generator (1 of 2)

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Synopsis

#44: A four-plex apartment building can be your major wealth catalyst with an FHA loan and your small 3.5% down payment.   Live in one of the four units and rent out the other three. It’s exactly how Keith began investing in real estate.   Subscribe on iTunes so you never miss an episode.   Listen to this week's show and learn:   03:05  Why a four-plex rather than another property type?   04:35  How to put as little as a 3.5% down payment on a four-plex apartment building with an FHA loan.   06:19  Common objections to owning a four-plex this way.   09:28  Different four-plex layouts - townhouse style vs. apartment style.   12:32  Do you live in a geographic market favorable to “owner-occupying” a four-plex? Here are some indicators.   14:30  Running the numbers.   16:09  Leverage creates wealth for you in an appreciating environment. But if the market loses value, leverage can become difficult for you.   20:48  Preparation: how to position your affairs to buy a four-plex.   23:35  P