Milwaukee Real Estate Investment
Competitive interest rates and declining inventory is bringing out more buyers/investors than ever before. Duplexes, 4 family’s, multifamily are all safe investments right now. There are more buyers interested in investment properties than ever before! While conventional loans for 2 family and multifamily are limited to 20-25% down, FHA owner occupied multifamily up to 4 family units are still available to finance with as little as 3.5-5% down for owner occupied. This is an unbelievable opportunity for investors new to the industry. Our lending guidelines change regularly and these opportunities and interest rates may not last for long. There is limited inventory and prices are going up. I did a search the other day for an investor in all of Waukesha County for duplexes and multifamily properties and only 45 properties were available in the whole county! Milwaukee County only had 156 multifamily properties with 127 of them being in the city of Milwaukee.
Advantages
1) Great investment opportunity for future income
2) Low or no payments come from buyer as income from other units will usually generate most if not all of mortgage payment
3) Tax advantages
4) Great estate planning
For more info or if you would like to set up a meeting to ask questions or discuss your interest in investing please let me know.
Bob Arnold
Realty Executives
414.379.1101