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Updated over 9 years ago,
First Investment/Home
Hello !
So i want to start to get my hands a little dirty and begin with real estate, i have a girlfriend who are not into it as much as me but she’s still in BUT she soon want our own place too. So we fought that a duplex/triplex/ fourplex would be a good start. So we are planning to buy a rental property and live in one of the units and rent the others out so now to the question:
Q 1: should i start with my investing company ( find a team, investors And sush ) and buy the property in a LLC and rent 1 unit to us OR should we buy the property the "normal way" like when you buy your first home and live in one of the units and rent the other ones out private and later when we move we put it in a LLC as a "normal" rental property ?
Q 2: wich is the better scenario from a cashflow standpoint ?
*we ARE going to live in one of the units.
Thanks in advance,
//Rikard Loren