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Updated over 2 years ago on . Most recent reply
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Investing in real estate for the first time
Hi. I am looking for advice and maybe even a little guidance.
I am interested in purchasing a multi-family as my first investment property, but I have two problems.... I've only been on my job for seven months and I only make $40k a yr.
How likely is it that I will be able to live in one unit and use the projected income as income to purchase a property?
I have fair credit because of recent identity theft, but I am working to get that resolved.
Thanks.