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Updated over 8 years ago, 03/21/2016
First Timer - Single Home or Owner Occupied Multi Family
Hi Everyone!
I'm brand new to the Bigger Pockets site, and I wanted some advice on what to do first. I'm interested in buy and hold investing, and I'd like to buy my first property in the next 120 days.
I'm in the Minneapolis/St. Paul market and I'm trying to decide if I want to purchase a single family home or if I want to purchase a multiplex of some kind, and live in one unit and rent out the rest.
I definitely see some pros and cons to both but I wanted to know what you thought would be a better idea for a first timer.
Also, are there any books/resources you would recommend on owner occupied multiplex rentals?
Thanks for the help in advance!