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Updated almost 4 years ago,
Best bang for your buck?
I have about $250-$300k to use as a down-payment that I'll be 1031ing out of a property into the new one. My question is, what market and with what product will my money go the furthest? MF building? Mobile home park? Several smaller multi-family properties? I'm familiar with Gulf Coast FL markets, NC and Cape Cod/New England. I'm looking to acquire as many units as possible for about $1M-$1.2M loan. Where would you put your money and why?