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Updated about 9 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Michael Lee
  • Leesburg, FL
1
Votes |
2
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New guy! Central Florida

Michael Lee
  • Leesburg, FL
Posted

Hello all,

I'm a 26 year old male. My wife and I are both RNs and we bring in about 115k yearly. Currently we are renting for $1100 plus electric and water, aprox $200. I was looking to buy a home in the summer when I should have around $30000 as a down payment. I have become interested in a duplex as a first home. Living in one unit and renting the other while paying down the mortgage as quickly as possible. Then I'd like to buy more of them as funds become available. Does this sound like a good idea? I'd like to move towards financial freedom someday in the future but don't want high risk levels.

Thanks,

Michael

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