One - 3 Bed/Bath House or One - 2 Bed/Bath Duplex?

[Diego Furlan]

Hey everyone!

What do you think would work best for a new investor with low starting capital? I think long-term, a duplex is the better option since I'd be able to eventually move out and switch my place for a tenant and invest in another property. 

I am considering buying one property (3 Bed/Bath) since I am starting out with low capital for an FHA (3.5) - Will buy "as-is" to get better approval odds and avoid the 203K loan.

The reason I am considering this is because most duplexes I've come across that are also within my budget (≤ $25OK) are in not such great shape nor in the best neighborhood; and it's only logical since my budget is so low. But hence, I ask if getting one - 3-bedroom/bath house would be the better option given my situation.

Thoughts?