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All Forum Posts by: Michael Jenkins

Michael Jenkins has started 1 posts and replied 3 times.

@Douglas Spence thank you for commenting and I plan on doing a FHA loan for 30 years, also correct me if I am wrong but I was under the impression you are able to do the BRRRR strategy even with a FHA loan.

@Peter Mckernan thank you for responding to my post and I will ask members of the military that question I never thought to ask that. But I do intend to have connections where I am now my parents and some friends will still be living in the area. I believe me moving will be permanent but I do think I will frequently visit at least serval times a year.

I have decided that in less then two years (around Apirl 2023) I will be moving to Texas and this December I will graduate from college and estimated to make 50-60k a year with a job I have lined up. I currently live in a apartment paying 825 for rent and 10k saved up for real estate. My question is when I graduate should I look in my area for a duplex-4plex to live in one unit and rent out the other to save money? Or should I stay where I am and save all of the money for when I move to Texas and buy a duplex-4plex out there.?

P.S if I buy a duplex where I currently am I plan on keeping it and renting my half out when I move.