You can buy an almost new or brand new single family home here in Arizona for $250-300k, combine taxes and insurance of under $2k per year, rent for $1500-1800, will break even on cash flow with 25-30% down because there is no maintenance or cap ex since it's new (you will have these eventually but rents will increase by the time that happens).

Do you recommend me buy a house to fix or buy another house new for me and use my current house for rent and move to the new one?

Then branch out to do more deals that way for buy and hold rentals once we get settled into our new home. 

If you are looking to stay in the real estate game, leverage your equity and buy more real estate.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Hilliard.

I'm a buy and hold investor with 2 rental properties in Warren Ohio.

The only disadvantage is that you would pay the HELOC payment to buy time to see what happens. 

Hello everyone Cody here. I was hoping to get some advice on how you guys are finding these multi family deals. I'm 20 years old and don't know anyone really in the multifamily space. Are you guys using websites like ...

Buy a solid home, in a solid location where you can break even or cash flow a little and that will appreciate well over the long-term. 

Take the longer amortization and the lower rate where you can make Bi-Weekly payments and add a little extra each month to manipulate and lower the rate and the term.