Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Owner Occupied Multi-Family or Single Family Home?
Hi all! I am new to BP and my husband and I are just starting out. I am wondering what everyone's opinions are on our living arrangments. We currently rent and are looking to buy come June. Should we start out by buying an owner occupied multifamily to begin investing in RE or should we first focus on finding us a single family and then worry about investing once we're more situated. I read yesterday on the rent vs. own thread that many feel owning your own home is a great way to learn the basics so it made me question if it's smartest for us to start out in a multifamily or not. Thanks in advance for any and all input!