Half of savings to buy my first investment multifamily in Oakland

[Swetha Ramaiah]

Does it make sense to put half your savings into a triplex in Easy Bay (Oakland)? I put in an offer on a good cash flowing property(getting accepted today), but I'm getting nervous that I will be locked in forever on that triplex. I do intend to long term buy and hold. What are my options here in terms of refinancing.

I am taking a conventional loan by putting 25% down, with 4.25% interest rate.

I also intend to buy a primary residence costing less than 1.1M so I don't spend unnecessarily on rent.