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Updated over 10 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Edward Geyer
  • Middletown, NY
2
Votes |
8
Posts

Single Or Multi Family?

Edward Geyer
  • Middletown, NY
Posted

Is it smarter to invest in a single or multi family home for my first investment?

Most Popular Reply

User Stats

148
Posts
34
Votes
Mitchell L.
  • Residential Real Estate Broker
  • Dania, FL
34
Votes |
148
Posts
Mitchell L.
  • Residential Real Estate Broker
  • Dania, FL
Replied

All depends on your area and the acquisition prices for each... Here in South FL, multi-family properties are VERY OVERPRICED so I would stay away from them unless you get a very motivated seller or one in a lot of need of work.. As a newbie investor, going with SFH or even a condo in a very investor-friendly HOA, if one exists in your area..

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