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Updated about 7 years ago,
Go big or go home? Multiple SF/MultiF vs Apartment building
Hey there,
I’m a new investor currently collecting info on various properties in the local area and wanted to get y’alls thoughts...
If one is just starting out investing with the following goals:
-$5k/month cash flow within 5 years
-multi-fams / single family / apartment buildings
I have a combination of accumulated personal savings and over $200k available in the form of a HELOC (debt free home)
What are your thoughts on buying a few multi-fams/single fams vs buying the biggest apartment building I could afford?
Thanks in advance!