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Updated almost 4 years ago,
Buying First Investment or First Home?
I currently reside in Southern California where I am working very hard to afford the goal of homeownership for my family and I. Yet, I also want to begin my journey as a real estate investor. With that being said, would investing in a rental property to produce passive cash flow hurt my chances of being approved for a primary residence by already having a loan? Would it make more sense to start with a flip or wholesale or will a BRRRR not hurt my chances on qualifying for my first home? Thank you!!