Sorry. I'm pretty technically savvy but I didn't realize I was logged out and couldn't figure out how to reply.
Jeff- I'm not sure why my home shouldn't be an investment. If I'm looking for and find a great deal and use some creative means that are a win win for both parties wouldn't I be getting a home below market value? Trying to learn so any insight you can provide is appreciated.
Rich- I agree with getting the best deal. While I do plan on staying in this home for a long time you never know. We might have twins next or one of our parents may need to move in with us, etc. etc. FYI- My first wife took my first home from me. As far as your questions, I'm 38, low risk level for a home I want to live in, job security is very good, in the future I would definitely like to own a few properties for long term investments, I would get there slowly with my own cash until I learn more and feel comfortable taking bigger risks, my discipline with money is much better than the past (I was single and mingling for about 5 years after my divorce). Thanks for directing me and hopefully a few of you can tell me simple things like "should I use a RE agent?", "should I buy new", "should I buy from a tax sale", "foreclosure" and than give me advice on negotiating what I can realistically ask for and expect, etc. I certainly will take any advice I can get and I will certainly pay it forward. Also Rich I agree with staying on the low end and investing.
One more thing. Currently we rent since we moved to NC in June and didn't even know where we want to buy. Our rent is incredibly low for the area we are in. What do you all think about renting with an option to buy?