Updated almost 4 years ago on . Most recent reply
Start with a SFH or a 9 BR 6BA Multi-family home?
I am looking to buy my first rental property this year and was wondering if it is smarter for me to play it safer with a SFH, or go after a 9 BR 6 BA multi-family home that I found in my area which I think is a decent deal? I am nervous that A) I can't get my hands on enough funds to make the 9 bedroom deal work since I am a 21 year old with not a lot of capital and not much proof of income and B) I am nervous that if I make typical "first timer errors" they'll be magnified and harder to deal with since it's a larger property compared to a SFH. Any and all advice is appreciated/welcomed, thanks in advance.