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Updated about 10 years ago,
still procrastinating!!
Hi i am still looking to buy my first property. I dont have any money to put down so i am going the " first time home buyer" route. Im looking to purchase my first home and still become an investor. I want to buy a multi- family and being a 1st time buyer i want to take advantage of that program, but at the same time want to get a single family to raise my 2 year old in a house. I know buying a single family would make it tougher to get a multi because i would need to come up with 20% down as apposed to buying a multi as 1st. time buyer and living in it for a year or so with not having to put down 20%. do i just get the multi and live in it for a year then step down to a 2 family and down to finally my 1st single family?? would love to hear which route i should go. thanks