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Updated about 9 years ago on . Most recent reply
rental property as first house or single family home
I'm a new poster here but have been following bigger pockets for a while. I'm 20 years old and looking to buy a house in the next year to year and a half. Ever since I was 14 I knew I wanted to invest in real estate after working for a guy for a couple summers who owned a bunch of multifamily properties. So this brings me to my question, I've debated with myself on buying a multifamily property as in a duplex or triplex for my first house, live in one unit rent out the others. I was wondering BP members opinion on starting out that way, or whether I should just buy a single family home first and try to wait a few years and then get started with multifamily properties. I am trying to be as descriptive as possible, however I feel as if I'm not explaining myself thoroughly. Thanks in advance and I looked forward to advice from the pros.