Buy Primary Home vs 1st Investment

[Joni F.]

I've become engulfed with Bigger Pockets and desperately want to get into investing within the next few weeks. My dilemna is which property to get first, being that Dallas is in the middle of a housing boom - primary residence north of Dallas, or first rental property in Garland or Mesquite.

I wonder how the returns will compare if i purchased a less expensive home in an ok part of town to live in for a year then turn into a rental. Or should I get into the market now and purchase my primary residence to take advantage of the lower prices then later try to get into investing. Will it be harder to get a loan without a lot of money down if I already have my primary residence?