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All Forum Posts by: Luis F. Escoto

Luis F. Escoto has started 1 posts and replied 2 times.

Starting Out

Post: Single Family Fix and Rent or Multi Family Fix and Rent

Luis F. EscotoPosted
  • Posts 2
  • Votes 0

@Peter M. thank you for your advise its greatly appreciated. 

0 Votes
Starting Out

Post: Single Family Fix and Rent or Multi Family Fix and Rent

Luis F. EscotoPosted
  • Posts 2
  • Votes 0
Hi everyone first time posting hopefully I can get some sound advice ... Looking into purchasing my first property ... Just having a dilemma between buying a single family house i can fix up and live in for a bit eventually move out and rent or just go and buy the multifamily unit that most likely will need fixing and live there for a bit. Which one sounds like the better deal? The house is in a good neighborhood just needs some repairs and I believe I can increase the value of the house with a few renovations. But I believe the duplex or multi family unit can ease the burden of having a mortgage payment all on me. Any advice would be greatly appreciated.
0 Votes