Need real estate investment advice (investments, property, rent, house)

[Cadsuper55]

For the investors out there what's the Better deal

1- Triplex.20k..$1500 rents.. 100% occupied

2- 5 unit.85k..$2300 rents..100% occupied.owner financing..7% interest..7 or 10 year term.25% down
Both will be out of state so property management

3- sell my southern California home and use the 50k to invest?

4- rent my home out and wait the slow market out to cash out later for more equity?

[RoamingTX]

Why not just live in your house and wait out the market?

If you’re asking such rudimentary questions, out of state property is the worst idea to pursue.

[MikeJaquish]

I like REITs for most real estate investors.

[Cadsuper55]

Doing a few upgrades under 4k is another option but after that I will rent it out. My problem is I have to live overseas for a year at least. I will break even but I will only be paying $400 max overseas.

[Cadsuper55]

Mike I will look into REIT'S today thank you

[jackmichigan]

Originally Posted by Cadsuper55

Doing a few upgrades under 4k is another option but after that I will rent it out. My problem is I have to live overseas for a year at least. I will break even but I will only be paying $400 max overseas.

Then you should delay looking into any real estate investment--especially since you appear to be new to real estate investments. REITs would be okay to investigate.