Househack a Three Family or Single Family then Refi? First?

[Tijana Flowers-Harris]

Hello,

I will be purchasing my first property soon. I am in the Northeast, and was wondering if it would be smarter to purchase a three-family home, live in one unit (for 12 months w/FHA) and rent the other two out, and then purchase my first single family when school gets out in 2019...or buy a single family home first and then refinance w/cash out and purchase an investment property? I have three children and I'm concerned about them switching schools too many times within a short period of time. So, the areas that have many of these three-family homes for under 200k are in some of the worst areas. Then again, there are hidden gems. My point is, I am unsure what I should do first, and I have gone back and forth in my head for months now. I can some advice right now! Thanks!