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Buy a house for myself or two investment properties
Hello family, here is the deal, Im renting an apartment for $1300 per month ( paying cheap) , but i need a bigger place and those rents goes for $2000-$2500, so im ready to buy a house but in my area cant get anything for less of 400 single family or $500-600 two family ,i can get the money for down payment and upgrade the new house but i was thinking instead of buying a house for myself buy two rentals in a neighbor state that can cashflow $400 per month if not more, and use that money to help me pay the rent of a new place , any advice.