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Updated about 5 years ago,
Should I go for a triplex as my first investment property?
First time buyer, in the Los Angeles area. Looking at a Triplex costing $670K 5bd 3bth. I am super nervous to pull the trigger because I'd have to use all of my savings for the down payment. I have who to loan me a bit more cash for reserves, but I am wondering if this is too risky?
2- 2 bedroom 1 Bath
1- 1 bedrooom 1 Bath