Advice Needed Please

[Andrea Ramirez]

Hello. Quick question - I'm looking to buy a second property.  My single family home is paid off.  Should I a.) buy another single family home or b.) save a little more down payment for a multi-family property?  I'm overthinking and need help!  Thx!

[Jody Sperling]

I favor single family homes. They tend to appreciate more; they tend to transact easier (buy and sell), and they have better long-term cash flow per door.

That said, the downside to single family is its scalability. People struggle to have 500 unique properties, where ten times that many doors is achievable through large multifamily.

Clarify how much money and time you want to plant in real estate investing, and which experience you want. Act, and it will pay off either way. Best of luck!