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 over 11 years ago,
fix and hold or duplex for new investor with cash...
Does it make sense for a first time buyer to buy a SFH, fix it up while living there, and then either A.) rent it out after a year or two or B.) sell for a profit? Would it be a better option to buy a duplex and do owner/occupied?
I realize both scenarios depend on the type of properties, cash flow analysis, etc. 10% Rule, 70% rule...
Also, i have about $50K in cash to invest if that changes things...
Thanks for the advice!