Finding my first property

[Mark Albano]

Hey everyone,

I am new to Bigger Pockets and this is my first post. I have an endless list of questions but I'll start with my most nagging. Let me first explain my current status. I am currently renting and I plan to buy my first home before my lease is up in June 2015. I am going with the, buy and live in first investment property, route to avoid the 20% down that comes with an investment property. I will stay there for about a year or so then make it a rental property. So my questions are, how do I know the price is right? And does this sound like a good plan in the first place?? Thanks in advance!