Main house flip...to what?

[Brian Canady]

So my family and I bought a new build home dec 2015...home prices were going up at the time from when we originally started looking after my wife and I got married in mar 2014, but we were comfortable with the price we paid. Same builder has bought a new subdivision and is building same model and floorplan of our current home at almost 100k higher price points. I want to say that my biggest thing is freedom from work (9-5) so i can do real estate investing full-time. I have 4 rental properties (essentially gifted to me from my father) but I am looking for a good way to go further and build my portfolio. So my scenario that I am thinking of would be similar to this. Currently sell my home (we have another place we could live for essentially dirt cheap and wifes income could cover any outside costs) and potentially be looking at 130k of tax free money for profit to go in a new purchase. I want to get into multi-family So I am wondering, would it be beneficial to go and BRRRR like 2 SFR and get the equity and then refinance (lowering cash flow but allowing for another deal - if all works out well) or take that 130k and put majority of it down on a multi-family 4 or 5 unit that is essentially Turn-key tenants already in place no value add but could cash flow higher due to decent/low mortgage not being as high if i was to completely rehab a Multi-family place and then rent it out and BRRRR that type of investment. Any suggestions/solutions would be beneficial. I know its all based on deals and how they work out, but just wondering for the sake of me not working to continue to find and do real estate investment deals would it be best to cash flow now with putting majority of the money down or continue working BRRRR a couple of SFR homes or maybe even a multi-family place as well and then have slower cash flow but build equity to continue to grow the portfolio...Again any help would be greatly appreciative. Thanks. Here in the KC/midwest area market as well.