Hello! I’m soon to be 19 years old, I worked a lot growing up and have about 11k saved up now, but I’m in a dilemma of fortune and wanted peoples opinions. My parents have grown a pretty decent amount of wealth over t...

Personally I think if you're planning to hold this thing for 10+ years and you guys are not financially strapped to where this decision greatly affects you, lock in a great rate today and you won't even think about it 3 years from now.

Obviously, the monthly mortgage (plus tax and insurance) will change depending on the % I borrow but I wanted to get everyone's feedback before I make a decision.

I made the same decision to go with the conventional residential loan for the same reasons you listed.

Your Realtor should be advising you and guiding you so that you make the right decision on a property.

Managing one's properties is one of the many choices real estate investors need to make a decision on.

I just don't want to make the decision to invest and immediately regret it if we have to move next year.

Unless you plan to pay cash for your properties, get pre-qualified for an investor loan, so you will know how much credit you will have access to.The end goal - This is usually something like $10,000/Mo. income, in present value dollars.Time frame - The shorter your time frame to reach your goal, the more initial capital and credit you will need.If you decide buying an investment property is the right option, the most important decision is the location.

Location is the most important investment decision you will make, not the property.

I’m not in any hurry to pay down my mortgages, and that’s a personal decision, as I like my tenants pay my debt off.