My First Investment

[Kristee Badet]

Hi everyone, 

I am looking for any new information or tips of becoming a real estate investor. But I want to know, is it better to buy an investment property first or my own home first? 
My fiancé and I have been saving and working on our scores in order to buy our first home. But I want to get into an investment property also. I’m worried that I’ll get “stuck” in my home where I can’t get into an investment one.  If I house hack and live on the property, I sacrifice living in my own home which has been my main goal over the last couple years. 
Any advice? Any tips? 

[Kristee Badet]

Quote from @Jaycee Greene:

Hi Kristee (love the spelling)! 

What type of investment property are you looking to acquire? Another SF or maybe a small 1-4 MF? 

Do you want to buy something more turn-key or are you open to some level of rehab (more than just new carpet and a coat of paint)?

Thank you Jaycee! 
Um I really want to just get in the door. I think turn-key is better to start. Until I get my footing and confidence in the whole deal. I’ve thought about “house hacking” and getting a triplex potentially but we’ve been pretty set on buying a home this year. So I’m just wondering if we do that first or the investment property first. How long (potentially) could it set us back on buying our own home if we did the investment first.