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Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
10
Votes
Vanessa Bautista
  • Rental Property Investor
  • Memphis, TN
10
Votes |
11
Posts

Starting out, first home buyer

Vanessa Bautista
  • Rental Property Investor
  • Memphis, TN
Posted

Hello everyone, I have just been pre-qualified for my first home. I am a baby investor looking how to start out and use this to my advantage to begin my real estate investment portfolio. If you were in my situation what would you recommend? 300k pre-qual.

Most Popular Reply

User Stats

92
Posts
46
Votes
Jacob Maes
  • Real Estate Agent
  • Dallas, TX
46
Votes |
92
Posts
Jacob Maes
  • Real Estate Agent
  • Dallas, TX
Replied

I would definitely recommend looking for a multifamily to house hack. If you buy a SFR then you can only use appreciation on it (unless you rent out other rooms) but with a multi-family property, you get appreciation as well as having your mortgage paid for. My two cents.

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