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Updated over 2 years ago,
Go big or go small for first multifamily purchase?
In your opinion, which would be better for a first time investor with over $150k?
1. A higher value property, 2+ units with decent to good - eventually great - cash flow? Potentially a one-and-done.
OR
2. A smaller multifamily. 2-4 units. Less capital risk, less cash flow, less appreciation potential, etc.