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Updated almost 11 years ago,
How to convince the wife.......
So I've been listening to the podcasts for a while and reading all I can, (currently Ken McElroy's ABC's) and I am going through the process of securing pre-approval for our first home loan. Problem being, I want to look solely at duplexes, multi-fam, etc. My wonderful wife wants a SFR that has flip potential but that we would live in for a couple of years. I realize that the SFR is going to eat up a lot of cash and take time to fix up. I can do most of the work myself, but would rather have the cash flow. Any suggestions on how to help convey the benefits of the duplex idea?