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Updated over 4 years ago,

User Stats

10
Posts
3
Votes
Nathan Spradlin
  • Financial Advisor
  • San Antonio, TX
3
Votes |
10
Posts

Struggling for direction

Nathan Spradlin
  • Financial Advisor
  • San Antonio, TX
Posted

I own a few properties and looking for my next purchase. I'm struggling with direction and focus. I'm newer to the game but don't want to limit my mindset because of that. I've looked into small mobile home parks, single family Brrrr and multifamily of 8+ units. I have some capital and want to get the biggest bang for my buck to jump a head but I keep switching directions and getting nowhere. I keep thinking if I can use my capital and leverage up to buy a bigger property that would be better then putting it into a SFH or duplex. With $80k-$100k should I go for the multifamily? I'd like to get a 12 unit or more with $200 CF per door but realize I'm going to need to bring in partners or get seller financing with lower down payment. Just looking for some ideas and direction from the experts out there.

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