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Looking to Buy Owner-Financed Land for Sale to Build Multifamily Properties? You Need to Read This.

Posted by admin on December 9, 2021
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For over 20 years, Santa Cruz Properties has made it possible for land ownership to be available to everyone. We can help you reach your goal of owning land with our owner-financed lots for sale in Edinburg. 

Santa Cruz Properties offers commercial land that can be an excellent investestment for building your dream multifamily property. 

What are Multifamily Properties? 

Multifamily properties are buildings that contain more than one unit where people reside such as apartments, townhouses, duplexes, etc; Essentially, multifamily properties are different residences that are divided by walls and have tenants who pay rent, not a mortgage.

Owning multifamily property can open doors to generating a substantial income, among many other benefits. 

What are the Benefits of Owning Multifamily Properties? 

1. Renting out the multifamily property with a fixed rent price can provide a steady flow of income to property owners throughout the time renters remain at the property. 

2. Owning residential properties is not only an outstanding method of producing income, but it is also fairly easy. Most owners hire a manager to overlook the property, all while making profit. 

3. Multifamily properties have statistically proven to survive economic collapse in real estate. Although the investment isn’t infallible, residential properties have been known to increase in value over time and are hardy in any economical crisis. In short, people are always going to need a place to live. 

4. Santa Cruz Properties makes it simple in living your dreams with affordable down payments, monthly payments, and owner financing. There wouldn’t be a need to break the bank or deal with traditional lenders to get started in attaining your property ownership dream.

5. Insurance companies can be easy to work with in putting together policies for your property. In fact, many are known to be experienced and knowledgeable in dealing with policies regarding multifamily properties. 

6. Owning multifamily properties can also have tax benefits. As a residential property owner, you can get deductions for management wages, utilities, repairs, maintenance, and more. 

7. Multifamily real estate is also a great opportunity to build an investment portfolio which can benefit an owner who is looking to expand in the future. 

8. Owning multifamily properties doesn’t require expertise and Santa Cruz Properties can guide you in the right direction. 

9. With home ownership on the rise, first time home owners are struggling to afford a home which increases the demand for apartments and other rental spaces. Also, the university in Edinburg is a hotspot for college students looking to live closer to school. 

Santa Cruz Properties is Here to Help Our Clients Feel Confident in Their Decisions and Accomplish Their Goals 

Santa Cruz Properties have been making it possible for anyone to be a land owner since 1993. Our team’s mission is to build rapport with our clients and make them feel confident in their decisions in owning property, no matter if they aspire to own residential property or commercial real estate.

With the assistance and guidance of our service team and our owner-financed options for buying land, you can easily invest in building multifamily properties.

Contact Us Now

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