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Updated about 7 years ago,
Better to buy a condo or SFH for a real estate investment?
I am a newbie looking at making an out of state purchase to begin the path towards building a real estate portfolio. Los Angeles is cost prohibitive to where I can be cash flow positive. However, out of state has presented some good opportunities. I was looking at using home equity to make the initial investment. Am I missing something else here and would a condo be a better play vs a single family home? Thank you for all of your help!