To invest or not to invest?

[Jose Guzman]

Looking for advice on when/how/what to invest for first property with my current situation:

Husband + wife, 3 kids and 1 due in September. Currently crammed into 2 BR apt and need more space ASAP.

Option 1 we considered purchasing a house for us to live in for a few years and then either sell/rent later on as we move on to something else.

Option 2: since property prices are so extremely high right now, we rent out a 4BR house and wait to purchase our first home some time next year so we can save for down pmt and hopefully prices drop (live in southern CA).

Just started learning from BP a month ago and we are serious about becoming investors and change our family’s life. Wisdom & direction from current investors would be greatly appreciated.