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Updated over 6 years ago,
How do you buy your personal home?
Hello all,
I’m curious regarding how do investors purchase there own personal homes that they live in? Do you guys go out and market to distressed sellers do you can buy your dream or ideal home at a discount? Do you just buy a fully priced home off the mls?
The reason I ask is because I’d like to start looking for my own personal home to buy but I’d like to be smart about my decision and it seems to me the smartest move would be to market the area and type of house I’d personally want to live in. Then I’m thinking it would be best to purchase that distressed home with a hard money loan (since I don’t have the full cash) then fix it and live in my beautifully fixed up personal home. Am i on the right track?
Thank you for all your feedback,
Tommy