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Updated over 9 years ago on . Most recent reply

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Ruth Samonte
  • Kirkland, WA
0
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buying my first home

Ruth Samonte
  • Kirkland, WA
Posted

My husband and I are planning to buy our first home this year and we would like it to be an investment also. We were thinking fourplex, single family home and rent out the basement or having an adult family home? What do you guys suggest?

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293
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Jon Deavers
  • Richmond, VA
96
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293
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Jon Deavers
  • Richmond, VA
Replied

Hi @Ruth Samonte 

I think you're on to something. If you listen to the Bigger Pockets podcast, Brandon Turner has some great tips and recommendations on starting out with a small multi-family and living in it while renting out the other unit(s). It's a great way to have someone else pay your mortgage for you if you can find one at the right price and in the right place.

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