Updated about 5 years ago on . Most recent reply
Duplex or single family home for first investment property?
Hello!
I will be moving to Arizona soon and would like to buy my first property. Can’t decided if it would be better to own a duplex first or single family. Any suggestions would be greatly appreciated! :D
Most Popular Reply
Either if the numbers work. Depending on your market, a duplex generally cash flows better, but may be harder to find. I've had good luck in my area with off market duplexes. They are easy to spot, then try to find the owner and get in contact with them. You can do the same for distressed SF. I like multifamily because you can keep one side rented while renovating the other and makes it easier on your wallet getting started.