Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
One property or two?
I’m looking at properties for my first purchase. Looking to house hack and get out of my rent. My question is should I purchase 1 nicer property that costs more or 2 cheaper properties so I have more flexibility and cash flow?
My options are 1 more expensive duplex or a cheaper duplex and a single family.
Also, if I purchase a property all cash and not have to do much rehab (maybe paint and polish floors) will I be able to finance it to get money out after a year when I find another property or do I have to increase the value from what I purchased it at
Thanks for any thoughts.