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Updated over 3 years ago on . Most recent reply

Jacob Billanti's profile image
Jacob Billanti's profile image
Jacob Billanti
  • Member since Oct 22, 2021
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Jacob Billanti's profile image
Jacob Billanti's profile image
Jacob Billanti
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Jacob Billanti
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Starting Out

Currently living rent free

Jacob Billanti
Posted

I am in a situation where I am able to live in a house rent/mortgage free thanks to a family member. My question is, should I give up this opportunity in order to take advantage of a First Time Home Buyers loan to later move out and rent out the property? Does anyone have any advice as to what direction I should take in regard to purchasing my first investment property? 

Thank you very much in advance!

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Bruce Woodruff's profile image
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Bruce Woodruff
  • #1 Contractors Contributor
  • Contractor/Investor/Consultant
  • from West Valley Phoenix
  • Member since Apr 11, 2021
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Bruce Woodruff's profile image
Bruce Woodruff's profile image
Bruce Woodruff
  • #1 Contractors Contributor
  • Contractor/Investor/Consultant
  • from West Valley Phoenix
  • Member since Apr 11, 2021
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
13,657
Votes |
11,758
Posts
Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

You can't free forever....might as well figure out your passion in RE and go for it.......

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