All Forum Posts by: Account Closed

Quote from @Benjamin Vasquez:

hello, my name is benjamin and I am 22 years old.

Ive always wanted to get started in real state, and I’ve been saving for an investment property and get started.

The problem for me comes now when my family wants to buy a home, and be owned by all of us (sister,brother,parents and me). I told them that it was a better idea that, instead of buying a home first, we can buy an investment property and keep renting after we build some equity, sell it and put the down payment for 2 houses or a duplex and live in one and rent the other one (for me, i could keep renting until we buy a lot of investment properties and then move to one of them), but my family wants to buy a home firts and then the investment property.

Can someone give me a light of what is better or the pros and cons.

Thank you so much.

 In general, investing in an income-generating property first can potentially provide long-term financial benefits and greater returns. However, buying a home for personal use can provide stability and a place to call your own. Consider your family's goals and financial situation to make the best decision for everyone involved.

In general, investing in an income-generating property first can potentially provide long-term financial benefits and greater returns. However, buying a home for personal use can provide stability and a place to call your own. Consider your family's goals and financial situation to make the best decision for everyone involved.In general, investing in an income-generating property first can potentially provide long-term financial benefits and greater returns. However, buying a home for personal use can provide stability and a place to call your own. Consider your family's goals and financial situation to make the best decision for everyone involved.

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