new investor looking for advice on first purchase

[Carlos Gil Blanco]

Hello Guys, with 150k in cash. Should I buy one property (no mortgage) and rent it for a total cash flow or buy 3 separate properties (with a mortgage) with a partial monthly cash flow? Thoughts? Recommendations? Ideas? Thanks!

[Lexey Vezzoso]

Hey Carlos!

I personally think you would be better off leveraging your money and buying 3 separate homes with a mortgage. Appreciation usually always outweighs cash flow (depending on your market) so you are likely to get a better return overall. 

I would research your market a little bit and see what home prices are doing and if you're seeing good amounts of appreciation you should definitely leverage your funds!

Good Luck!

-Lexey