New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Buy a second home to live, or buy rental property and rent?
Hey guys, new here and overall newbie in real estate investment. I'm in the process of relocating to Austin, TX from Miami, FL. I currently own an apartment here, and have about $150k saved to invest in a new home while renting out my apartment.
My question is would it make sense to use that money for the home? Or would it be wiser to use it to start some type of real estate business, while living in a rented house?
Thanks so much in advance!