All Forum Posts by: Alex Messner

Hello,

My wife and I recently found a property that fits all of the things we are looking for, perfect location, price, rooms, etc. except for one problem: The previous owner was a smoker :( Does anyone have experience buying/renting out/living in a home previously owned by smokers? Is it an absolute deal breaker? Can you get the scent out (and keep it out)?

Thanks,

Alex

Hello,

My wife and I are looking into buying our first home with hopes to eventually accrue multiple properties for renting. I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt. I make roughly 150k annually but have 200k total in student debt from graduate school. My biggest question is this: do you think I should continue to rent for now and prioritize tackling loans? Or should I invest regardless of student loans if my hope is to use FHA loan for smaller downpayment and then eventually rent the house out in a few years once I move? Is it common to purchase a home with other debt? Would it be a poor decision? Thanks ahead of time!