When your credit is where it should be and you have a little money in the bank, it's time to decide what type of Real Estate you want to invest in. For the first time investor, that can be a daunting decision.
Types of Real Estate:
1) SFR (single family residence)
2) Duplex (2 units in one building)
3) Triplex (3 units in one building)
4) Multi-Unit ( 4 or more units)
5) Condominium
6) Townhome
7) Commercial
8) Land
9) REITS (Real Estate Investment Trusts)
10) Mobile / Trailer
The advantage and disadvantage of each will be discussed in my next post.
Friday, July 13, 2007
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