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Updated almost 4 years ago,
New investor, First Purchase. Single-Family or Multifamily homes?
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?