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Updated almost 7 years ago,
Advice on either renting or buying and selling
I am either thinking of purchasing a multi home and renting out additional units while house hacking, or purchasing a single family home and selling it within a year to two years. What do you all think are the pros and cons and which route would you advise for me to go?
I initially wanted to purchase a multi home. While house hacking I can save some money to purchase a home after two years of renting out my additional units.
Than I started to think about my market a bit more (in San Antonio), and wasn't sure if that would be best.
I could purchase a new home, renovate over the course of a year or two then sell it to work on my next property.
I am not 100% sure which route I want to take at the moment and wanted to hear your thoughts.