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Updated almost 7 years ago on . Most recent reply

User Stats

40
Posts
18
Votes
Torey Chumbley
  • Cameron Park, CA
18
Votes |
40
Posts

Multi or single family for first time investor?

Torey Chumbley
  • Cameron Park, CA
Posted

Hello BP family!

I am a first timer from Nor Cal. I have talked with several turnkey providers and have settled on Norada real estate investments going forward. Originally, I was interested in sfh's to build my wealth and cashflow but, recently I have become interested in jumping into mfh's instead. I have looked at a few deals in the smaller apartment building range of 4-8 units. The cashflow is much better than the sfh's and it seems like a major shortcut to my goals. Am I foolish to buy a turnkey multi-family as my first investment? 

Thanks for your help!

Torrance

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