Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

19
Posts
1
Votes
Blake Burnett
  • Rental Property Investor
  • Newport News, VA
1
Votes |
19
Posts

Which type of real estate is better long distance?

Blake Burnett
  • Rental Property Investor
  • Newport News, VA
Posted

I am currently in the military and stationed in Newport News, VA. I am looking at purchasing either a small single family home (which I would finance through a conventional loan or through a contact I have who offers seller financing) or I am looking at purchasing a duplex with and FHA loan to house hack for 12 months and rent it out immediately after.

The issue I'm having is if I go through with one of these scenarios, I will be moving back to the west coast in about two years.

I would have to then use a property management company on the property. I am curious to which property in general would make more sense if all the numbers were identical. Does one have more advantages over the other? I know multifamily tend to have a higher turnover rate which in turn would cost me more. Is there any other factors I should be considering?

Thank you

Loading replies...