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Updated almost 10 years ago on . Most recent reply

New to the game!!
I'm from Dixon il, a rural community. I am new to this. Have looked at a couple properties and want to invest in either a 2 or 3 unit property with option of living in. As a first investment would I be better off living in as my primary for a year to get the wheels rolling and gain experience?
Thanks All, glad to be a part of the BP Community!
Most Popular Reply

James Wise
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Welcome to the site.
If you buy it as a primary residence (To live in) you will be able to buy it with a much lower down payment then if you bought it as a non owner occupied rental.
3.5% down vs 25% down.
Good luck.