Need advice
Hi. I need advice. I've been renting to my landlord for five years and he wants me to buy his two houses. One of them I rent from now and the other sits beside it. The houses aren't worth a lot.. Maybe like 20,000 a piece at most. I want to invest in a multi family house for my first investment but he said
for me to just buy them from him instead for 30,000. So I was thinking about buying them and fixing them, then move on to multi family houses later and I can rent these two out..? Is that a good plan or should I just get a loan for the Multi family house? Thanks.