Why a Multifamily Home for First Time Home Buyers in Stamford CT?
By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Why a Multifamily Home for First Time Home Buyers in Stamford CT Are you a first time homebuyer thinking of getting into the profitable Stamford CT multifamily market? You may want to consider the advantages of leveraging your money through purchasing a multifamily home. This can be a very appealing approach to homebuying for young families or busy couples or singles. Here are some benefits of investing in a multifamily home purchase: By living in one unit and renting out the other(s), you will begin collecting investment income and able to cover some of your own mortgage payments. With tenants paying you a rent and the luxury of having someone help you pay your mortgage, you will have the opportunity to save money for your next home downpayment. You will acquire valua...