Updated almost 6 years ago on . Most recent reply

Buying first property.. single family or multi-family?
Hi-
My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage. I want to start off with a multi-family 4 unit property. Should I lean towards a multi -family, or single family home as my wife’s and I’s first real-estate investment?
Thanks,
Justin
Most Popular Reply

@Justin Hayden I would lean towards a multi-unit investment. They are easier to cashflow. The qualification process is the same. The price will be higher but the return will be greater.