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Updated almost 5 years ago on . Most recent reply

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Eduardo Campos
  • Rental Property Investor
  • Watsonville, CA
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First time home buyer

Eduardo Campos
  • Rental Property Investor
  • Watsonville, CA
Posted

If I’m married can we each buy a house as first time buyers getting the low down payment percentage, and use these properties as an investment?

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Eduardo Campos yes! This strategy is called either house hacking (buy a 2-4 unit to owner occupy and rent out the other units) or live in flip (sell after two years for tax free profits). You can find numerous BP articles on these strategies and they are very, very powerful strategies. 

  • John Warren
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