First Time Home Buyer

[Jill Furstenburg]

Hi All,

I live in Nashville, TN and I'm looking to buy my first home so that I can move in Jan 1st.  After buying my first home, I want to begin buying investment properties.  Since I'm a first time home buyer, I'll qualify for the 3.5% down.  I want to use this to my advantage.  What would be your suggestions for my first purchase?

Do I buy a nice primary residence home in Nashville and rent out my additional bedrooms and then save to buy an investment property outside of Nashville?

Or should I be looking for duplexes, tri, and quads (which are not in the nicest areas) live in it for a while to save money for a nicer residential home?

My main concern is I do not want to live outside the city at this point in my life.  Right now, i'm in the hub of everything.