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Updated over 4 years ago on . Most recent reply

I am a beginner who is looking for advice.
Hello, I'm 19 and am currently in the military. I'm looking to buy rental property once I finish my contract and I could use some advice if anyone is willing to share. I have a good amount of money saved up and I am currently working on my credit score. How should I approach buying a house should I save up my money or should I borrow a loan from the bank? Also what would I really have to take into consideration before buying property and selling it to others?
Most Popular Reply

@Devin Samuels I would buy your primary residence before investing in a rental property. You might consider purchasing a duplex or fourplex and live in one of the units. Once you make the investment then I would pay off the mortgage as fast as possible and then invest in the next property.