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Updated over 8 years ago,
Just Beginning
Hello! I'm a new member and am hoping to become an new investor. As a rookie, I do have a very elementary question. I currently rent a house with my husband and two small children. I would like to get into rental properties. Is it wiser to purchase a primary dwelling and then after we save up again purchase an investment property or would it be more prudent to purchase an investment property and continue renting until the income from the new property accumulates?
My husband is not interested in living in part of a multi-family and I don't really want to do a complete re-do for a flip with the baby at home. Any advice?