Receiving 100k-200k in the summer. Need help on which direction to go.

[Raphael Diogo]

Been blessed with an opportunity to start with some decent capital. Ideally I want to buy my first small multi family. I live in New York Manhattan area now. Debating whether I go with an FHA on a duplex, triplex, etc. locally, or just go for conventional 20-25% loan on a single 2 bed apartment in good location. There is also option for out of state ( I've been thinking Columbus, Ohio, Victor Idaho, or somewhere in Florida. Currently have a few connections in all states. Just want to make the most out of the funds I will have, and be able to kickstart my portfolio for the future. Thanks all for your time

[Sherief Elbassuoni]

If this is your first deal, you may want to invest in your local market till you get more experience and build systems.

If you already have a rental portfolio, invest OOS where you may get higher COC return