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Updated almost 6 years ago,
Purchasing multifam rental
happy Easter! I’ve been incredibly lucky and have an opportunity to put $50,000 cash down on what I want to be my first rental. I have a lot of experience in real estate and property management but not in buy and hold or other forms of real estate investment.
If anybody is willing I would love if you would take a moment and give me your opinion on whether it would be advantageous for a first timer to put that money into one property or the break it up into multiple. I could’ve made my question more elaborate and detailed however I don’t want to piss everybody off my first day on here by trying too hard 😂
Thx to whoever has advice.....