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Updated over 8 years ago,
Single Family or Multi family
I am looking to purchase my first investment property.
I want to buy a property that needs moderate amount of work. After improvements are completed I would like to re-sale (flip). But If i can't get the right price I would hold & rent.
My question ... Would it be better to purchase multi family property or (1 - 4 units) .... single family property or does it matter ?
Any opinions / Any experiences ?
Thanks
Ken