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Updated almost 12 years ago,
What would you start in with roughly 90-100k
Hello all,
This is my first post and I must say this is an amazing community. Everyone is very helpful and willing to share. A quick background on me, I actually own one single-family investment property. Have owned it for a few years now and make a small cash flow each month. I have about 25k equity in that property plus is I borrowed on my ira/401k funds and my savings I could get about 100k to invest. I really would like to leave my current job and focus a bit more on real estate and having a more flexible schedule.
I'm debating between buying possibly one or two multi units (4unit or less) or buying one small apt building (maybe 9 or 10 units). What do you all think? I know there are many of you on here who have many years of experience. If you could do it over what would you do if you were just starting knowing what you know now. Thank you in advance for any feedback.