1 multifamily or multiple single family homes

[Seth Quantz]

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.

[Seth Quantz]

@Rob Witt

I would love to get into a small apartment building one day. I have enough cash to get 1 multi family unit and then that may be it for a while as far as the multi family units go. I could however buy 3-4 single family homes and keep that up at a rate of possibly 1 home every 1-2 years.