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Updated over 8 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Josh Brosius
  • North Tonawanda, NY
1
Votes |
16
Posts

Should I invest in Single family Renting or Mulitifamily units

Josh Brosius
  • North Tonawanda, NY
Posted
I'm 21 and I'm close to having the savings for my real estate era to begin. I was wondering if I should go with the cheaper house hack and live in a single family unit fix it up then rent it out and buy another and so on and so on. Or should I buy a Mulitifamily live in the other half and have half my mortgage payed off per month. The houses in western New York that are single family are a lot easier to find and cheaper than the multifamily units. Many multifamily units are beat up and is put more money into those than the single family's. Thank you for the help and advice Bigger Pocket Community.

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