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Updated almost 4 years ago,

User Stats

7
Posts
2
Votes
Seth Quantz
2
Votes |
7
Posts

1 multifamily or multiple single family homes

Seth Quantz
Posted

I will be moving and plan on taking the equity I have in my current home and using that to purchase other properties at my new location so I can manage them on my own. I was looking into properties and would love to get into multifamily investing however I have found that a triplex or 4-plex is about 3-4 times the price of what single family homes are going for in that area. Is it better to invest in 3-4 single family homes while still a beginner to diversify my investing or would buying just one 4-plex be enough. I am currently still in the newbie phase and would like an opinion from more experienced people. Thank you.

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