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Updated over 1 year ago on . Most recent reply

User Stats

12
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2
Votes
Leah Ramsey
2
Votes |
12
Posts

Is this a bad idea, what would you do

Leah Ramsey
Posted

Hello all!

I’ve asked This before, but not sure if I asked correctly so I’m going to try again:

My guy and I aren’t married we don’t live together, but we do have a 5 year plan…

We’ve been together 8 years.

We want to get into investing and we aren’t young 44/47.

Would it be smart for the next 5 years since we aren't married to take advantage of the 3.5% FHA loans seperate to obtain more rental to buy and hold for generational wealth.

Now, one day we would like to come together and buy “our” home.

What problems can occur with this plan?

He would have 2-4 homes

I would have 2-4 homes

Then come together to buy our home at time of marriage etc…

Thoughts?

My thoughts we would have more homes under our belt doing this since we are starting later in life with this goal.

Thanks to all!

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