Updated over 9 years ago on . Most recent reply
Upstate NY Member
Hi. My husband and I are aspiring real estate investors working on our first move.
Originally, our goal was to pay off our high student debt. We began looking into owner occupying a multi-family home. Then we realized that, rather than using every penny of income to pay off student debt, it makes more sense to buy more multi-family homes.
Our goal is to buy one we can live in with our kids for a year, then move to our second one. Our first objective is to make enough income from rent to cover our expenses, and then move into a single-family home. We don't know what our plan is from there! We are very new at all this!
Nice to meet you all!