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Updated over 7 years ago on . Most recent reply

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Jasmine Whaley
  • Real Estate Agent
  • Bryn Mawr, PA
0
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Investment Property To Flip/Rent Out for First Home?

Jasmine Whaley
  • Real Estate Agent
  • Bryn Mawr, PA
Posted

Hi Everyone,

I'm new to this forum. Was looking for some advice. I'm currently renting an apartment. My lease is up in 5 months. I would prefer to buy a house to live in. Should I look towards an investment property before or after I buy my own house?

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Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
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Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
Replied

Depending on your current family situations and your local market:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I’m going suggest 180 degree reverse

Purchase rental property to live in since you already been sharing common space.

Duplex, tri-plex, 4 family multiple unit with the knowledge of eventually move out within 2 to 3 years


You never know: 1 to 2 self direct investments instead of paying your existing landlord might pay for at

                                least half of your future personal sfr. ( cashflow wise )

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