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HomeForumsBuying & Selling Real EstateBuild single family or buy second rental?
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Revere, MA
  • Member since Apr 4, 2019
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Revere, MA
  • Member since Apr 4, 2019
Connect
Account Closed
  • Rental Property Investor
  • Revere, MA
4
Votes |
3
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Buying & Selling Real Estate

Build single family or buy second rental?

Account Closed
  • Rental Property Investor
  • Revere, MA
Posted Apr 4 2019, 08:38

Hi, need advice...

Currently own a three unit multi family home in the Boston area which I live in one of the units and rent out the other two. I also own a vacant lot of land that I would like to build a single family home on. If you could only do one first, would you buy a second rental property to live in and rent out or build your dream home and possibly take out some equity in a couple years to get the second rental??

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