Quote from @Adam Michel: Quote from @Benjamin Aaker: Single family and small multifamily are still overvalued.

If you’d like to own 10 SFHs that’s a way different trajectory than someone who wants to own 100 units of multi family and different from someone who wants STRs in different areas so they have a place to vacation occasionally.

Just for fun, I attached the before and current state photos of my current flip.

I also have an excess of $1000 a month after all expenses and paid.I guess what I am asking is should I stay and rent and look for a investment property or buy a property for me and my family.

Instead of moving into another single-family home, consider house hacking a duplex or triplex, this allows you to use low down payment loans (FHA, conventional) and offset your mortgage with rental income, accelerating your path to financial freedom.

Quote from @Kelvin Lee: After American Family dropped my multi-family coverage, I’m still struggling to find a carrier for my 1969-built apartment, with only three weeks left before the current policies expires.

Due to prices, I started invested in RI in 2019 and now have 4 multi family properties.I would ask, why 20% down and not 3.5% (FHA) or 5% (Fannie Mae) if you up on occupying the home?

Investment Info:Single-family residence fix & flip investment in Buffalo.

That could help manage tax liabilities while keeping the property in the family.

We are considering investing in Houston as foreign investors (from Belgium), our goal is to find and start with a long-term rental single or multi family home.