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Updated over 9 years ago on . Most recent reply
New member looking for advice
Hello all,
I am looking for some general advice, and which direction to take investing in real estate, given my current information.
I am 30 years old, I have a 65-70k a year salary. I have 0 debt. I purchased my "starter" home 2 years ago. I went conventional and put 5% down, and had my PMI rolled in. I have a mortgage of 134k. It will probably appraise for 140-150k. I have 50k in liquid. This will not be my long term residence. I have a finance and young daughter. So I will be looking to upgrade into permanent/better school disctrict residence within the next 4 years. Thought about keeping it and renting it out? Which route would you guys recommend I take as a beginner looking to invest? Also any good books, blogs etc. you could recommend for beginners I would I appreciate.
Thank you,
Jonathan