FIRST TIME HOME BUYER

[Wendy Gomez]

Should someone starting out purchase a home to live in or an investment property first??? what's your advice on this???? any examples would be very beneficial.

[Jacob Horan]

I would first start with the bigger pockets podcast . They are amazing if start at number one u won't miss anything , Bigger pockets will inspire you to approach new creative pathways in your real estate .
The approach I took I bought a primary home with a lot of potential
My wife and I spent a lot of time with forced equity ,after our rehab was done we did a refi on this home . This allowed us to lose the pmi,and to borrow a significant amount of cash at a great interest rate. With the equity we pulled we were able the buy more investment property's to cash flow a lot more than the amount the refi our primary residence. One thought to keep in mind though don't pull so much out of your primary home that it won't be able to positively cash flow if u decided to rent it ,, best of luck!!