Hi Rohan from northern Virginia-Congratulations on getting started in real estate investing and you wonder if you should buy a house as a primary residence with low down and rent out parts of the house or buy small multifamily out-of-state where it is more affordable.If you can find a duplex near you where you can live in one unit and rent out the other, this is a great way to get started and you can wait a year or so and go buy the next one the same way.If you cannot do that and have it make financial sense where you are at, then looking at markets in Michigan where you can get a duplex for around $130K with rents of $1,000 plus per unit depending on bed/bath count, condition, and area is also a solid choice.

@Adam Hill, Congratulations on your deal and as you are probably seeing, things on the commercial side are a little cloudy currently with where rates are and the amortization period required.

While he has the ground stirred up staying up late burning brush piles.  

Branden - First, CONGRATULATIONS on paying off your debt and saving $80K!! 

Scott — Congratulations!

Congratulations on selling your business!

Hello Hardick, Congratulations on this new investment! 

Congratulations on wanting to get started, and best of luck as you get going. 

Hi Juan from Miami, Florida-Congratulations on your interest in real estate investing.You recently moved back home, are single, and have a steady job.Based on the expensive real estate market in your area, you are looking into Buying, Rehabbing, Renting, Refinancing, and Repeating or the BRRRR Method out-of-state.I think this is an excellent idea and you can get a value add duplex in a market like Lansing, Michigan for around $135,000, have about $2,000 a month plus/minus depending on bed/bath count and condition/area in rent a month, and rehab the units to increase rents and value when they become vacant then refinance to pull cash out for the next one.

Congratulations on the new member of the family!