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Updated almost 4 years ago,
Buying my first home
Hello everyone,
I’m looking to buy my first home in the next 4-5 months, and I’m both excited and extremely nervous.
My ultimate goal for this home is to live in it for the next couple of years, fix it up over time, and sell it for a profit. Ideally I’d like to rent out a bedroom or section of the home to offset some of the renovation costs. I’m also considering renting it out once I move out, so long as I maintain positive cash flow with the property.
As a future investor, what are some things that I need to look for before purchasing my home so I get a good return on my investment?
I’m very new in the real estate investing world so any insight will help.
Thank you