Updated over 6 years ago on . Most recent reply
First time owner occupied
How do you feel about an owner occupied 4 Plex or duplex? Iv been looking around for places in my area my wife and I are wanting to buy a place while we are finishing up school. What have you guys experienced with starting your first property those of you who have lived in your first one?
Most Popular Reply
@Jacob Powell I'd take a 4 plex if available, but do not pass up a duplex if the numbers work either. I like the idea of buying as big as you can afford. Afford is relative. Don't run your funds to zero and have no reserves either. Also, I like to ask the seller for a home warranty for 12 months. It helps you build your reserve funds without a large outlay in that first year.