can I buy home, roommate in it & still be able to invest R-estate

[Roberto Cervantes]

Hey everyone

Iv been getting a lot of tips and ideas on what I should do to get started I’m so thankful for everyone who has responded to me and help me through this!

Iv has multiple people tell me I should get my first house live in 1-2 years then rent it.

Could I get pros and cons or any better suggestions. I do like the idea but before I get into a commitment Is it good idea or not so much?

[Jeremy Taggart]

@Roberto Cervantes I think it's a great idea. That is what I do. Buy a house every year or so and then turn it into a rental property. You can get lower down payment owner occupied financing which has a lower interest rate and closing costs compared to investor loans. However I would recommend buying multi units instead of single family homes that way you can have your mortgage covered while you are living there and better cash flow once you were to move out.