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Updated almost 4 years ago,

User Stats

17
Posts
9
Votes
Joas Espinoza
  • New to Real Estate
  • Los Angeles CA 90018, USA
9
Votes |
17
Posts

New investor, First Purchase. Single-Family or Multifamily homes?

Joas Espinoza
  • New to Real Estate
  • Los Angeles CA 90018, USA
Posted

I’ve read a few books, listened to a few podcasts, and have taken a few glances at my local market. Maybe it’s just me overthinking and afraid to pull the trigger (also considering I don’t wanna lose my entire savings) but I’ve thought long and hard about what my first purchase should be. A single family home or multi family home? I live in Los Angeles so any approach is expensive, especially as someone new to real estate. I’ve considered leaving LA but that would mean leaving my job and finding something that may not be as stable. Any thoughts, tips, suggestions?

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