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Updated almost 3 years ago,
Small Multi Vs Large Multi
Hello everyone,
For a bit of context, new investor here. I have been doing all the research (podcasts, YouTube, books etc) the past 6 months. I am going to sell my primary residence and net over 100 thousand. I have determined multifamily will be my niche.
Just a conceptual question, obviously searching for a great deal and numbers working.
I would be out of state investing in states like Indiana, Tennessee, Wisconsin, Ohio, etc.
With the knowledge you have now as an experienced investor, (rough numbers) would you rather start in:
A) Buy 4 100k duplex's with 25k down each
or
B) Buy 1 six-ten unit 400k with 100k down
Any ideas and insights would be amazing. Thanks!