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Updated about 8 years ago,
1 SFH vs MFH
Hi everyone and thanks for reading. I've been doing my research by reading and listening to BP podcasts. I thought my plan to invest would be one SFH every 6 months with a budget of 30k (not 30k house price but 30k for closing rehab'ing etc..) to get into each home. But a few wks ago I listened to a BP podcast where a guy mentioned that he invested 100k into a 250'ish unit MFH. His 100k yielded him a 5% stake of the rents and equity in the property. Without going in to all the minor details my question is this. Would you plug away at 1 SFH at a time and at the 2 yr mark have 4 SFH's or would you jst save the 100k over 20 months, get in with the right team and invest in a large MFH? Obviously its a bigger game going into a 250 unit deal but it seems like per door the deal or return can be way better. Any thoughts before I start squirreling away 100k?