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Updated almost 4 years ago, 01/17/2021
Trying to buy 1st primary residence and 1st rental property
Here is my situation:
I currently rent my apartment, but am looking to purchase a primary residence as soon as one I like comes around. I’m also wanting to buy my first rental property and believe I have found one I’d like to place an offer on. I have the cash for the down payments. But not sure if I bought the rental property first if it’d effect being able to buy a primary residence? I’m in north-central Indiana if that matters. Any advice is appreciated, I can provide more details of my financials if needed.