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Updated about 5 years ago on . Most recent reply

Mary Ann's profile image
Mary Ann's profile image
Mary Ann
  • Investor
  • from Polk County, FL
  • Member since Dec 14, 2014
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Mary Ann's profile image
Mary Ann's profile image
Mary Ann
  • Investor
  • from Polk County, FL
  • Member since Dec 14, 2014
Connect
Mary Ann
  • Investor
  • Polk County, FL
35
Votes |
144
Posts
Buying & Selling Real Estate

I dont want to invest before I buy my own home

Mary Ann
  • Investor
  • Polk County, FL
Posted

Mostly because I will miss out on first time home buyer programs.  I am also over 40 and tired of renting. But I sorta wanna be convinced that I should!  What are the benefits of investing (buy/hold at least one home) before buying my own?    that beats out the first time home buyer perks.  Thank you!

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Howard Herrington's profile image
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Howard Herrington
  • Realtor
  • from Boston, MA
  • Member since Nov 30, 2014
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Howard Herrington's profile image
Howard Herrington's profile image
Howard Herrington
  • Realtor
  • from Boston, MA
  • Member since Nov 30, 2014
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Howard Herrington
  • Realtor
  • Boston, MA
75
Votes |
159
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Howard Herrington
  • Realtor
  • Boston, MA
Replied

Yes, it would be considered a house hack!  You essentially would buy a property where you can live in it and then rent out a second unit which pays the mortgage.

  • Howard Herrington
    • 1 Vote
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