Singe family flip or multifamily flip for my first inverstment?
I bought my first house last year and we just finished renovations in it. We are also living in the house and doing most of the work ourselves.
My boyfriend is looking for another investment and originally he thought that multifamily property would be a great start. But last week we saw new listing for a single family two doors down from our house and now he is thinking to get that house instead and flip it.
Should we stick to the plan and look for multifamily property, or go ahead and purchase the single family one.
He will be using FHA 203K streamline.
Regards,
Vera