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Updated almost 6 years ago,
Looking for First Real Estate Investment
I have always had a desire to invest in real estate, I currently own a SFH in Oregon where I live. I've been happy with the investment, however I'm looking to expand to MFH as it looks like the ROI seems to be better. I have done some research and I'm only seeing duplex, I feel like the only way it would be worth while would be to find a triplex or a fourplex. I have done a lot of research in the state of Ohio, and went as far as talking to a real estate agent in Toledo Ohio. I found one that may have been promising, however after doing some research it was a SFH converted into a Multifamily. It only had one meter for all four units, does anyone have experience with investing in that area and also do you know if that will be an issue with the lending company. Any feed back is appreciated.