✅ Real Closed File Review – Yonkers

marketing928870
Sep 30
2 min read

At LJ Mortgage Team Inc., we’re proud to help clients secure financing for homes that not only provide a place to live but also create opportunities for long-term financial growth. One of our recent closings was a 2-family home in Yonkers, NY the perfect example of how real estate can be both a home and an investment. — At **LJ Mortgage Team Inc.**, we’re proud to help clients secure financing for homes that not only provide a place to live but also create opportunities for long-term financial growth. One of our recent closings was a **2-family home in Yonkers, NY** the perfect example of how real estate can be both a home and an investment.

🏡 Property Snapshot

Property Value: $650,000
Property Type: 2-Family Home
Bedrooms/Bathrooms: 6 Beds | 2 Baths

💰 Loan & Buyer Details

Down Payment: 9%
Loan Amount: $585,000
Credit Score: 700
Household Income: $160,000
Interest Rate: 6.99%

📑 Additional Costs

Property Taxes: $5,622
Homeowners Insurance (HOI): $2,592
Closing Costs: $24,825

💡 Why Multi-Family Homes?

Purchasing a multi-family property like this one comes with powerful benefits:

✅ Rental Income Potential – One unit can generate income while the owner lives in the other.

✅ Equity Growth – Mortgage payments build long-term equity.

✅ Flexible Options – Live in one, rent both, or use as a future investment strategy.

For buyers looking to balance homeownership with investment, multi-family homes can be a smart path to financial freedom.

At LJ Mortgage Team, we specialize in helping buyers finance multi-family homes across New York, guiding them through every step of the process with expertise and care. Whether it’s your first property or an addition to your portfolio, we’re here to make it possible.