First Timer, Need Guidance!

[Matt Humphrey]

Hey BiggerPockets!

I just joined this month but have been considering the leap into real estate for some time now and have been reading as much as I can! I am looking for a little guidance. Here goes:

I am trying to decide on if I should buy a primary home first or a rental. I currently live in Miami (for the next 3 years) and it's tough to find good deals doing the BRRRR in my opinion for this market. I am from Indianapolis and have been looking for properties in that area. Currently renting in Miami though and paying about 2500/month in rent and it seems a little silly to be renting.

Some financials about me that make it a little weird. I am very liquid but I am a professional poker player which makes getting a loan tricky since they consider me 100% commission based. If I buy rentals with cash would I have any any trouble refinancing?

What would you do? Find a primary home first? Start looking for cheap rentals in Indy? Find rentals in Miami? Should I consider different deals in Miami? Am I not looking in the right spots? Is long distance investing tougher than I can imagine?

Any guidance would be great. Thanks for reading!

[Matt Sterling]

hey what's going on, you set off my forum alerts.  I've been studying pretty hard the last couple years.  I have a 3 unit and a 4 unit.  Banks shouldn't be an issue.   If there is anything I could help with, shoot me a text. 

If I were you I would never buy a place for myself unless you were looking to get married and start a family.