I intend to buy another multi-family home in 2025, but not sure I would want to move.

You can qualify for lower down payment loans, and after a year you can move out, keep the same loan terms and convert the unit you vacated into a rental.thank you!

I’m getting ready to make my next move in 2025 and I’m contemplating on staying here and buying a multi family property as an investment out of state (only an hour away) which would be a lot less capital and have a lot more land lord friendly laws or buy another multifamily as a primary residence locally and hack that property I’m single and live alone.

I need some advise from you all before i move forward.How do you make the mortgage payment?

Who will conduct the move-out inspection and coordinate/supervise turnover?

I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.

If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals. 

Quote from @Katie Accashian: I am looking to take money from my retirement that I accumulated from my previous employer and move it into a self directed IRA to buy a real estate investment.

How much cap ex is left to do and do you have to do any of it before a tenant moves in?

I'm in LA and don't intend to move, but I'll definitely keep investing there.