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Updated about 6 years ago,

User Stats

10
Posts
1
Votes
Jesiane Fernandes
  • Real Estate Agent
  • Pawtucket, RI
1
Votes |
10
Posts

Do a conventional home or invest with other investor

Jesiane Fernandes
  • Real Estate Agent
  • Pawtucket, RI
Posted

Here is my situation

I am 30 years old mother of 2 children and married. My husband is on the process of buying his first property a triplex doing a conventional loan with 5% down. We are trying to do it just in his name, so I will be able to buy another property in my name in the future.

For the past year I been listening to podcast, webinar, reading books and educated myself the best I can about Real Estate, and maximizing my savings as much I can, and so far I saved up to 20k, I was also able to get a raise at my job, that way I am  pre-approve to up to 260k for a triplex, with a conventional loan an 5% down payment.

My question is should I buy a triplex house by myself, or find a investor where I can give that money to invest and learn with the process and be able to do more investment  in the future.

what do you guys think it would be the best idea?

thanks

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