Buy my first house or Invest in real estate?

[Joao Castro]

Hi there.

I am a European citizen, and at the moment I have a big doubt about what step I should take. This is because the bank support is becoming more limited. At the moment I have the money for the 10% required by the bank plus the money for tax that is required for a property up to 300 000 euros.

I've been wanting to invest in the property market for some time now, but I'm also looking for a home of my own because I'm paying rent on a property that doesn't belong to me.
I have the money available to go to the bank and ask for a loan, but in your opinion, what do you think is the best way to go in todays market?

- Investing in two properties (that are available at this time) so I can rent them and earn some money and still continue to pay rent? Hopping that in the future the investment will grow, and then I buy my own house

- Or should I buy my own house, pay for the mortgage and gather some money in the future?

I am 37 years old and at the moment I am feeling a great pressure to make a decision due to the change that is taking place in the European banking system, and the doubts I have are too many.
These three apartments are good deals, and time is short. Especially with the house shortage we are having at this point, at least where I'm living.

I also want to say that even buying a property to rent I have the possibility to pay my own rent in the current house I'm living in.

I would appreciate your help.

Best Regards,
Castro