Greetings all,

I'm new to real estate investing and have constructed to properties that I would like to obtain. I don't have the capital to purchase both properties at once and need to do them serially over 5-8 years. One of the properties that I'm looking to invest than is a multifamily home located in an urban southern Connecticut area. The second property that I'm looking to obtain is a small beach house which I would rent throughout the year and periodically vacation in. Right now I'm undecided which purchased to make first. Certainly a beach house would be more utilitarian However I'm thinking that making the multifamily home purchase first will help me generate cash flow faster and therefore allowing me to buy a slightly better beach residence. Essentially my question is which deal should I work towards first? the multifamily home in the southern Connecticut urban area or a small beach cottage which I can rent out some of the year and use for vacationing purposes. Any suggestions would be greatly appreciated.

Kind regards,

DS