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Updated 4 months ago, 09/03/2024
Townhome rental or multi?
Hi guys. I’m a newbie, I’ve always dreamt of buying multi-family units & now I’m finally at a place where I have proof of income and make decent money.
upon further research, here in Florida it’s difficult to find any without major rehab work. That being said, I’ve found a townhome, new construction, with the interest rate incentives as low as 3.99 & 4.99 it a a great area. I plan on living there for a year and renting out after. I know it could rent and essentially pay for itself. But I guess my question is, is it worth letting go of the duplex dream for now and rent out single family unit? Or wait and scan the market for a multi family I can afford? TIA.