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Updated over 1 year ago,
Brand new, don’t know anything.
I am brand new and looking at different options for investing in real estate. It seems to me that if I were to buy a plot of land, and build a duplex on it, wouldn’t I start off with equity in the house? Instead of finding a deal that makes since with an already built duplex, isn’t it already less to build than it will be worth when finished? And if I rent them, wouldn’t it be more likely for cash flow since the loan amount would be smaller. Also looking for recommendations for resources in this area please.