Whether or not I should wait to buy and hold
Hello everyone!
So, I just left a conference about a week ago where I talked with a colleague about REI and left super jacked and ready to invest. However, after doing my research and talking with a few people, I've been feeling SUPER overwhelmed. I'm slowly realizing that I don't have nearly enough cash to just buy an investment home. I've learned that the best way to do it is to start off with a purchase that you yourself will live in. That way you can get an FHA and a few other perks. The only problem, is that I'm locked in a lease until next July.
My question is this, is there another way? Can I still get my feet wet with little cash? OR, should I just stick to researching and educating myself and waiting until I can move in to a house of my own next year?
Would love to get your thoughts! Thanks!