Apartments as Investment

[Carlos C.]

Hi everyone! On a previous post I was asking about house hacking, but my initial idea consisted on buying apartments in Miami. Here's my two questions:

- I've heard people say that Investing in Apartments its a headache because of many reasons. But prices here in Miami for apartments are good, compared to SFH, and since this is my first investment, I rather spend as little as possible. Whats your opinion on that?

- I understand the concept of a FHA loan, and live in the property the 1st year, but, how big is the difference from that to buying the apartment with an Investment Loan? I don't mind the 25% down payment if I can start renting the unit right away. Is the Interest rate of a Investment loan that much more?

Thanks everyone!!! :)