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Updated over 10 years ago on . Most recent reply
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Transitioning from renter to owner
I currently rent, but it is very cheap. My question is, would it be prudent for my first deal to find myself a good place to own, and then use the things I've learned and the contacts I've made from finding my own property to getting an investment property? Or should I start looking for an investment property now to flip and use that money as a down payment for something I could even possibly pay all cash for and live rent-free? Am I putting the cart before the horse? If you were in my position and starting out, how would you proceed? Thanks so much for taking the time to read this!