Costa Mesa Rental Property For Sale

When seeking opportunities to purchase single family homes, investors are often faced with the challenge of competing with Buyers that are seeking to buy their primary residence. This is difficult because a Buyer looking for their own home can often be emotional in their decision making, while the investor must make sense of the investment using a income and expense formula. 

A duplex is technically a multi-family property but the economies-to-scale only slightly improve as compared to single-family-houses (sometimes the value indicators aren't any better than houses).  We have found that the best value a duplex offers when compared to a house, is the vacancy factor. Its unlikely that both units will be vacant at the same time and therefore the income should always offset some of the expenses.

Triplex properties are where we begin to see  value indicators determined by the income  as a real factor for the buyer pool. Nearly everyone competing for a triplex is looking for an income producing asset.  

Four-plex apartment buildings are a really cool niche in the world of income property. The reason  is due to the financing.  Investors are able to get a loan that is just like a home-loan; 30 years in length and with a fixed rate.  Apartment complexes that are larger than five-units have a different set of requirements; it is known as commercial financing. In summary, four-unit apartment complexes are the greatest size in residential income properties that can obtain residential mortgages.