Renovate the basement or purchase another multi family

[Dionne Rodriguez]

Hello I live around the Boston area and bought my first triplex with a standard fha loan, it’s been one year with the property so I can move out of it. I was wondering if it made more sense to renovate the basement and turn it into a long term or short term rental. Or just purchase another multi family.I’m trying to stay in my backyard and I’m sticking to the house hacking strategy.