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Updated about 8 years ago on . Most recent reply
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Deal makers guide by Ray Alcon
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Have you read Brandon Turner's 7 years to 7 figure wealth? It's based on multifamily properties and scaling up. If you haven't, I recommend it. Also, is there an agent or mentor who has multifamily properties who can give you great tips starting out?
Multifamily allows you to build wealth faster. If a subject property's rents aren't where they should be, this decreases the value. Good purchasing power for you. Then you can get in there and raise rents to market value, increasing the value. Also, you'll have one roof to worry about vs a number of SFH. When a unit is vacant you'll still have money coming in from other units. Multifamily is def the way to go. Good luck!