Real Estate Scaling Examples (Bad to Excellent)
Bad = Vancouver 1 bedroom Condo
Good = Fraser Valley 4 plex
Excellent = 15 plex @ 5.5% cap rate
In terms of financing, the average person might be able to qualify for 1 or 2 Vancouver condos.
For a 4 plex in the Fraser Valley, that number increases to 4 to 5 or maybe more.
For a 15 plex @ 5.5% cap rate, skies the limit. As long as you have the down payment, the banks will line up to give you funds.
https://www.youtube.com/watch?v=GpD5YvucKDA&t=1356s
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