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Updated almost 9 years ago on . Most recent reply
First Time Buyer- MFH- Du vs Quad
Hi BP Community,
I am a first time buyer and looking to do my first deal. I started out with trying to acquire a quad but the prices deterred me in my area. Then I started looking at duplexes 40 to 50 miles outside of work.
My question is, would it be better to spend more and buy a quadplex or spend less on a duplex?
I am interested in improving my quality of life (socially) by moving to Sacramento. I am also interested in buying and holding.
It's challenging to find positive cash flow here (at least for me). I will be using a FHA loan.
Any advice?
Thanks