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Updated over 9 years ago,
Duplexes a good choice for 1st Investment
I am looking to purchase my first real estate investment property. I am looking at duplexes so I can get income at the same time pay off the mortgage and live in the other unit. Is this a wise way to get my foot in the door in REI or would it be more beneficial if I purchased a single family home and hope to make a decent profit off it and then have a bigger chunk of money to buy other properties? I am looking to invest in the South Jersey area.