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Updated over 5 years ago,
Want to Buy 1st Property But Moving in 2-3 yrs
I'll try to keep this short. I wan't to buy my first property this year. I've been going through and educating myself to understand what niche, what strategy I want to use and how to analyze properties. I'm 28 have zero debt have retirement going, setting myself up for a career in land surveying and forestry and I have a good chunk of money for a down payment (closing and necessary repairs).
Ideally I'd love to buy a duplex or triplex. We currently live in Humboldt County in way Northern Ca. However potentially in the next 2-3 years my fiance and I are looking at moving somewhere that is closer to family and a more ideal place for us to live. Would it be advised to buy a duplex or triplex and renovate it up here before and if we move? Or should we continue to keep saving up money and wait until we end up relocating?
I know people talk about the adage being there is no better time than now. But I just wanted some thoughts from some knowledgeable folks. I appreciate any input.
-Taylor