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Updated over 1 year ago on . Most recent reply

User Stats

4
Posts
13
Votes
Carlos Ortiz Perez
  • New to Real Estate
  • Tampa, FL
13
Votes |
4
Posts

Seeking Advice - First Property

Carlos Ortiz Perez
  • New to Real Estate
  • Tampa, FL
Posted

My partner and I decided to start investing in Real Estate but right now we live renting in Riverview, FL and we do not owned a house.

I told her that we should start buying a multifamily and do house hacking for one or two years and then buy our primary home and rent the whole multifamily.

Is that a good idea? Or should I stay living in rent and rent the multifamily from the begging? What advice can you all give so we can start? 

Thanks in advance!


P.S. We are going to get or finances in order before making the decision.



Most Popular Reply

User Stats

757
Posts
1,040
Votes
Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
1,040
Votes |
757
Posts
Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
Replied

Yeah, house hack the biggest multi you can get yours hands on.

Living in the MF will allow owner occupied financing which is preferable.

That's exactly how my investing career took off.

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