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Updated over 6 years ago,

User Stats

9
Posts
3
Votes
Richard Lopez
  • San Juan, PR
3
Votes |
9
Posts

Need Advice for Starting Out!

Richard Lopez
  • San Juan, PR
Posted

Hello everyone, 

I am an newbie real estate investor based in San Juan, Puerto Rico. My wife and I torn as to how we should start our real estate journey. We are currently living in a rental and want to purchase a property in the next few months. We have around $15,000 saved up for a down payment. I'm thinking we'll have to go with an FHA loan to start. We are currently torn as to purchasing a single family or a multi family. My wife likes the stability that a SFH provides, while I really love the potential cash flow that a multi family can provide. What would you recommend we do? Thanks in advance!

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