Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Buying a Duplex or Fixer-Upper
Hello BP!
I was hoping to get some input from the community about what to do. So I am actively looking for my first deal and was wondering if it is better to buy a duplex or a fixer upper first. The duplex would allow me someplace to stay for little to cost but I can only save what I am currently paying for rent. On the other hand I could but a fixer upper, pay the payment on it and then hopefully sell for a small profit to help fund another deal.
Thoughts?