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Updated over 8 years ago on . Most recent reply

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4
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Nick Margroff
  • Durham, NC
0
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4
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Can't decide which direction to take my first step

Nick Margroff
  • Durham, NC
Posted

Hello BP community!

I have been interested in REI for a few months now. I have read, watched, and listened to everything I could get my hands on. I really believe at this point I need to just pull the trigger on my first property. My financing is fairly limited but not bad at all. My interest (as so many others) was to house hack a MFH. Financial it is looking like a decent MFH is out of my reach as a first investment. However I should be able to afford a decent 3b/2b in my area. I am currently renting an apartment.

Should I hold out and potential "force" a MFH purchase or stick to buying a decent SFH?

Knowing what you know now, what would you do as an beginner investor in my shoes?

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