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Updated about 2 years ago on . Most recent reply

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Alaura Mannor
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Primary before rental?

Alaura Mannor
Posted

Hello all!

My husband and I are new to real estate investing (in the education stage) and I have questions! So we are currently renting until October, and want to buy once our lease is up. My question is, is it unwise to buy now and try to place a tenant with a 6-8 month lease and plan to move in at the end of the lease?

I am also considering looking for something to use strictly as a rental to buy now, but I am worried about getting a second loan for our primary residence so soon after the first.

And the last option is to hold off buying all together until closer to the end of our lease which I hate the idea of because I am excited and impatient 😂

Thanks for any input!


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