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Updated over 4 years ago,
SF as a first investment?
I’ve been thinking about investing in my own single family home. Initially, I was leaning towards a multi family, but if I do a SF I can cut my monthly payment in half with the budget I want to stick within.
My question is: is a single family a good investment, even if it’s not in a prime location? (I can work remote, so NH, ME or VT). I’m feel investing in something I own is better than paying rent to someone else, and could use it as leverage to get a multi family in a few years. Thoughts?