It's often wise to invest in duplexes and triplexes because they provide the fastest return on investment (ROI). The ROI can be as high as 50% annually. Houses also make for good investments, but they tend to be more expensive and take longer to sell, so rent houses out rather than buy them. Conventional houses, purchased with conventional loans generally, are best for holding onto for long periods of time because their low down-payment rates make them easier for people without much income.
When searching for a property to invest in, always look for areas that are growing. You can also ask your real estate agent about developing trends in the area where you're interested in investing. Another thing to take into account is how much money you'll need up front. Many people mistakenly think that all investments require a lot of money down, but this isn't always true. In fact, there are some lenders who will give you an investment property loan with only three percent down. So if you have been thinking about investing in real estate, now may be the perfect time!