Updated over 6 years ago on . Most recent reply
First Time Home-Buyer/Investor
I'm 25 years old and looking to buy my first home which I intend to be my first investment as well. I'm trying to decide between a fix and flip a single family home (holding the property for a few years - in hopes of the home's value appreciating), buying a duplex/ something with an extra suite to rent out. The former choice seems more affordable but with less reward and the latter is more expensive but would generate passive income on top of adding value through some small renos.
Thoughts?