Posted by GL(ON ) on February 03, 2002 at 08:23:10:
I think it is a good conservative plan. You could progress much faster by using credit, at today’s low rates. But that is up to you. Later you can expand if it seems to be going well.
Multi family buildings show a better return on investment but are harder to sell. If you build homes and don’t like being a landlord you can always sell. Multi families will also sell but not as quick and easy.