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All Forum Posts by: Enoch Li

Enoch Li has started 1 posts and replied 3 times.

Post: Personal finance question

Enoch LiPosted
  • Lender
  • Irvine, CA
  • Posts 3
  • Votes 0
Quote from @Mackenzie Grate:

There is no right or wrong way to do this. It's really up to you, your goals and the life that you want to lead. I bought my personal residence first because I found a deal in my high cost of living area and then I started buying investment properties in a nearby market that was lower cost. But I know many people who have done the opposite. No one can really answer this for you but you. Take some time, sit down, and figure out your goals. Then work backwards as to what should be the next step most likely lead you towards those goals quicker.


 I'll definitely look around more diligently and figure it out. Thanks!

Post: Personal finance question

Enoch LiPosted
  • Lender
  • Irvine, CA
  • Posts 3
  • Votes 0
Quote from @Celine Crestin:

Why not house hack and do both? Buy a multi-family property and live in one unit. 


 I live in a high cost area in California that doesn't have that many, but I'm explooring buying a place and renting out the rooms. Thanks!

Post: Personal finance question

Enoch LiPosted
  • Lender
  • Irvine, CA
  • Posts 3
  • Votes 0

If I don't yet own a personal residence, would you seasoned investors recommend I get one first or get invest then purchase a residence once enough money has been saved?