What to choose

[Joe Ferguson]

I have been watching my local market the past couple of years saving money and building credit for my first property.  I currently have two deals I am a looking to invest in and I think it is a great time to enter the market on the investment side.

The first deal a 30 acre parcel with two buildable parcels on it.  This deal would be $275,000 with the owner holding 80% of the loan for 5 years.  This property would be great to build two houses, subdivide and sell.

The second deal is a duplex with a storage building on the premises. The building is older and could be renovated. A perfect property to BRRR. The property is listed for $430,000 and I could live in the property while renovating the house.

Being my first deal in real estate what would be your advice to me and what deal would be best for a first property. Thank you for your advice and help!