Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Should I invest in a lease-own apartment? Is this a good idea?
Hello all,
Kinda lost and I'm not really sure on how to gain footing in my real estate journey. I would like to move out but I'm currently living with my parents where I'm paying 350 a month. Should I invest in a lease-own apartment where I would rent out the entire apartment? Or should I start out with a home and use an FHA loan? I feel like a lease-own apartment would less riskier and more doable since it wouldn't be a large investment. I would save money from the lease to own investment and would eventually investing in a home soon after that in the Connecticut area or even jersey. Any advice!