Advice on buying first house.

[Guevara M.]

I really don't know much about real estate. I'm 29, engaged & make 55K-65K a year & want to buy a house in less than a year before I get married. At the end of this year I will be debt free with the exception of my mortgage on my rental. I've been putting $600.00 a month in a savings account so that I could pay off all my debt by Jan 1, 2009. I bought a small condo back in 2004 for 36K & it's worth about 50K now. I still owe about 34K on it. I use it as my reantal property so it kinds of pays it self off. I'm thinking of selling it in about a year or less to help get into my first house but not sure yet. I plan on saving about 10K before I buy anything. My goal is to find a house that is below market value, live there for 2-3 years & then sell for some sort of profit. Then dump that profit on an other house that is below market value, live there & sell for a profit in 2-3 years. Then repeat it over & over. I would like to do at least five houses. My main goal is to be able to have a very nice home that is at least half payed for. Is this possible for me or just a dream? I'm not looking to get rich in real estate. I just want a very nice house in the furture with out having to pay for all of it. Any advice would be great!!!