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Chris Cruz
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MFR in Sac starting out or live in a SF and buy out of state?

Chris Cruz
Posted Dec 3 2018, 15:04

Hello Sacramento BP contributors! I am listening to Brandon's book on Audible and became encouraged to engage! I have quite a bit of research to do build my knowledge but wanted to pose a question regarding my first purchase. I am currently renting (ugh) and would like to purchase a home for my family to move in. I recently thought a duplex, possibly a triplex with a FHA loan would give me a good starting point. Stay in the property one to two years and move on continuing to rent the duplex with future investment purchases in other states where the numbers make more sense. Is this a good strategy or should I forego the duplex instead purchasing a single family for our residence and purchasing rentals in the future out of state? Thanks for the help!

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