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Updated over 5 years ago on . Most recent reply
Trying to get started after divorce
I am 26 with two kids that I have half the time. I am currently renting but should have around 10,000+ for a down payment after I get the settlement money from the house my ex and I owned. I’m trying to decide if I should buy single family and rehab it doing the work myself then refinance buy another property and rent that one. Or should I try to find a duplex and house hack problem being only one is currently listed on local mls and rent wouldn’t even cover the mortgage.
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- Investor
- Youngstown, OH
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I'm finding the same issue in my market with MFH's--prices are too high, and rents are too low. Sounds like you should focus on a SFH for now. If a MFH pops up in the meantime that works, great. But I wouldn't waste too much time waiting on a MFH.