Should purchase Fourplex or Duplex as investment property.. Please help!!!!
I am almost at the edge of two accepted offers, a fourplex (consisting of three 1 bd and 1 two bd apartments) and a duplex (two three-bedroom apartments). Fourplex will cost 325K, and Duplex will cost 285K. The duplex has rental income of 2.6K , and the fourplex has rental income of 2.7K (has room to increase at least to 3K). Which one should I purchase?