Family Home or Invest?

[Jared Leet]

Hi All-

I recently found this awesome community and website and am extremely interested in learning all I can about real estate investing.

My fiancé and I are getting married this summer- we have been planning for about a year now to purchase a starter home for her and I to live in and start building equity in property. We are so tired of renting, and although we don’t exactly need a house, we are ready to be out of a 1br apt.

After coming across this site and other tools, I’m staring to really feel we need to make sure our first purchase is a smart investment to set us up for many more ahead.

What would you look into as your first investment? I’ve looked into a live-in-flip (with section 121 exclusion) or a potential buy-and-hold property to live in as needed, until we can begin to rent and work towards a new property

Really excited to hear any personal experiences and thoughts on getting started!