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Updated over 4 years ago,
What is the best first deal I could possibly make?
I am looking to buy my first piece of property. What is the best Type of deal I can make That will help me to create wealth? I have Enough for a down payment with an office job salary. I should say that I am an architect So I have a lot of zoning, design and construction knowledge (just not too handy!) I’m looking to make a deal where I can Hopefully create some equity..
should I..
-Just buy a single family home and renovate
-buy a multi family and rent out units
-look for a single family to convert
To two family
-build a new home
What would be a great starting point For a beginner looking to create equity, given that I am willing to “take on a project”
Thanks