1 cash or 2 leveraged? That is the question.

[John G.]

Hola! I'm on the verge of purchasing my first RE investment (s). Keeping neighborhood classes out of the argument and risk aversion is irrelevant, what would YOU do? As far as finances and tax advantages go!? Scenario #1 Purchase one property for $42,500 cash. Gross rent: $750 Scenario #2 Purchase two properties for $61,900 each. Leveraged (25% down, which is $15,475) Gross rent each $750 Debt service of about $242