Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Getting started in Raleigh
Hey guys!! I am currently 23 and I want to buy a house next year. I am currently going to finish paying off my school debt by Oct. then save for a down payment next year. I’m currently have an engineering job in Raleigh. This would be my first house. I live in Raleigh, NC but there seems to be some nice houses in Selma. It’s about $120,000 for 6 bed and 4 baths. But I don’t really plan on living in this unit because it is too far from work for me. I would want to still live in Raleigh and rent out the place that’s an hour away. Do you think this is wise to buy your first house this far away, not live in it and rent it out?