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Updated over 4 years ago on . Most recent reply

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Multi family vs single family

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I'm looking at getting into investment in upstate NY and am trying to decide between multi family and single family. I've read in some places that single family is a more stable strategy and the returns are better for the effort. Just looking for any insights from people who do one or the other or both. Thanks!

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@Jason Shackleton

Thanks Jason, regular cash flow is the goal. I'd like to be in a position where the rents are able to cover the mortgage payment and maintenance and still provide a modest income. I'm thinking 2-3 unit properties and I'm happy to make some upgrades in order to get a deal.

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