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Updated over 4 years ago,
Two family or three family
I've been searching for a multi for awhile now. I prefer a three family for the obvious reasons. I'll be living in one u it for a year, before I can purchase house #2. I'm using a VA loan.
Let’s assume I find two properties, both renting for 1% of purchase price. As a general rule, without getting into the weeds, would you prefer:
1.) an updated 2-Family, in an A+ area.
2.) an updated 3-Family in a B+ area