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Updated over 5 years ago,

User Stats

27
Posts
6
Votes
Austin Nicoson
  • Real Estate Agent
  • Houston, TX
6
Votes |
27
Posts

Plan to move in 3 years but ready to take action; HELP!

Austin Nicoson
  • Real Estate Agent
  • Houston, TX
Posted

Hey all! I'm ready to take action and dedicate my time to finding a great deal, putting it under contract, and renting it out. My strategy is house hack a small multi family (3-4) for my first deal, FHA loan with little money down, buy and hold rental.

The problem is...my girlfriend and I are planning to move in 3 years as we’ve decided definitely we don’t want to start our family here in Houston (will likely move to San Antonio).

Should I wait until we move to jump in or start here in Houston and plan to hire a management company when we leave?

I’m assuming no appreciation growth in 3 years to be conservative (especially when factoring selling costs but again, my strategy is buy and hold).

All your advice is sincerely appreciated!

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