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Updated about 3 years ago on . Most recent reply

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Tyler Fox
1
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4
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Purchase investment property or primary residence first?

Tyler Fox
Posted

I just sold my primary residence and have a good amount of money to start investing in other properties.  Should I wait until I purchase a new primary residence before an investment property? I listened to the real estate rookie podcast where they talked about this.  Just trying to get other opinions.  Thank you!

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Danielle Jackson
  • Phoenix, AZ
282
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504
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Danielle Jackson
  • Phoenix, AZ
Replied

Have you considered a duplex? A property where you can achieve both - making it home, and renting out the other side? A lot of variables prior to making any decision (markets, capital for down payments, reserves, etc), but so many investors get started with this type of structure. 

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