We sold our 2 story home - Buy or invest NOW?

[Macy Nguyen]

Hi Everyone! We sold our home (2story) 2 months ago and have been renting an apartment 2 bd&2bath with 4 littles kids. On some days - we wanna strangle each other and most is good. We have been listening/watching BiggerPockets and is itching to get our hands and feet wet but is on the edge on what we should first? We are ok to holding off on our dream home and will work hard to get some investment properties in place first.... what would you advise us to do - buy a smaller 3 bdrm & 2 bath (we would like ranch style) and get another similar one to invest? Or should we get duplex?

[Theresa Harris]

What can you afford on your budget? What is your market like in terms of housing prices and rental prices?

If you can afford it, I'd look for a duplex.  You can live in half and rent the other half.  Your kids would have a yard to play in and hopefully you'd have more space.