Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

2
Posts
3
Votes
Samuel Hirsch
3
Votes |
2
Posts

Philadelphia buy, live, rent?

Samuel Hirsch
Posted

Hi Bigger Pockets,

I am considering buying my first house with the intent to live in it for 3 to 5 years and then rent it out when I move outside the city. My goal would be to buy a place now that is livable and in a safe area and in a few years I could rent it out for more than mortgage costs, maintenance, etc. 

Is this a feasible idea? Open to hearing from realtors.

Thanks,

Sam

Most Popular Reply

User Stats

618
Posts
430
Votes
Eric Greenberg
  • Investor
  • Philadelphia, PA
430
Votes |
618
Posts
Eric Greenberg
  • Investor
  • Philadelphia, PA
Replied

Definitely doable. Id first start with figuring out what areas you would want to live in first, then figure the numbers out after. Id steer you away from choosing a property based on investing metrics alone when buying your first house hack in Philly as that could lead you to some C/D areas. Then utilize local folks who know the area well like @Alan Asriants

Loading replies...