What should be the first real estate investment for under 25 recent college grad

[Barshay Graves]

First time investment advice: Should I buy a duplex as my first investment and live in one side and rent other side out, or buy a townhome in a strong college rental community and begin that way???

[Kelly N.]

Hi Barshay,
Welcome to BP!

If you can find a duplex, that would be my vote. You could get FHA financing which means lower down payment and lower interest rate, and live there with either cheap rent or rent free while you save for your next down payment. Then rinse and repeat!

I wish we'd had the knowledge to start out this way or that young!

Best of luck to you!
Kelly