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Updated over 2 years ago on . Most recent reply

Not sure the best option on what to buy next
I’ll make it quick. I’m 24 years old. I live at home. I want to get out. I have 1 investment property (condo that cash flows). Purchased recently. I only have enough money right now for 1 more property (until probably another year). I want to get out of my living situation soon. Do I purchase another investment (2-4 family) and then rent out a house somewhere else for myself. Or do I buy a house just for myself maybe one that could get some rehab so I can cash out later on, but I don’t get another investment property off the bat. I don’t want to live in a multi family or my current property that cash flows. Thank you
Most Popular Reply
At 24 years old, keep the investments going. The "best" answer in my opinion would be to buy a multifamily and live in one of the units, but that doesn't seem to interest you. That being the case, I would rent and keep buying investment properties.