Real Estate newbie in Ottawa

[Nito Kunda]

Hello all,

I am newbie in Real Estate Investing and I am looking for some advice from experience investor.

I live in Ottawa area and I am the market still hot and I wouldn't want to lose the opportunity

I am a father of 3 kids and renting a place to live with family and I would like to start investing in real estate. Nevertheless, I am having difficulty to decide between buying and live in the house or buying and invest for rent.

If you were in my situation, what would you do first?

Thank you for you answers in advance...

[Chris Baxter]

@Nito Kunda  have you considered doing both?  Can you afford a duplex or a suited house so that you can live in the building and drive rent from it? Per @Tyler Stiller, this allows you to potentially qualify for a much smaller down payment (first time home buyer https://www.cmhc-schl.gc.ca/en...

The BP community refers to this strategy as 'house hacking'... Good luck!