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Updated about 7 years ago,

User Stats

85
Posts
43
Votes
Dawn Oree
  • Real Estate Agent
  • San Diego, CA
43
Votes |
85
Posts

What to buy first 2-4 Unit or Mulit-Family?

Dawn Oree
  • Real Estate Agent
  • San Diego, CA
Posted

I'm wondering which makes most sense.  I can buy a 2-4 unit for myself to live in one unit and rent out the rest in San Diego County.  OR. I can go to another part of the country and use the same amount of money and buy at least one apartment building that cash flows.  How do I decide which is the best option?  I do not own my own home.  My thought is, yes... If I buy the 2-4 unit, I'll own my own home.  BUT if I bought an apartment building, I could buy the 2-4 unit as my primary residence a few months and have revenue from both.    What are your thoughts?  I'm asking because. I tend to think far out (What box?) and sometimes I'm not the most practical person in my methodology.  I find that the wisdom of other's experiences help me to see more clearly.

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