What would you do?

[Mojgan Azar]

I'm getting started in the real estate investing world and am almost ready to buy my first rental.

I’m debating between two different investment strategies and would love to hear advice from experienced investors here.

Would you a) buy a two unit and house hack with 5% down (all cash in around 40k) in an appreciating area with a little bit of cash flow every month or b) start BRRRR strategy right away out-of-state in a C neighborhood.

And a third option, if you have the ability to do both concurrently, which one would you start with first?

I appreciate you taking the time and to help me.

[Ryan Porter]

I would choose A. If you are starting out investing in real estate, you will have a lot less chance of failing by keeping your eyes on your investment. Out-of-state investing can be risky. Half of the homes I look at where someone is upside down are an out-of-state investment gone bad. 

Good Luck!