Updated over 14 years ago on . Most recent reply
What are your Real Estate Goals for 2011?
The holidays are around the corner and before we know it, it will be 2011. What are your goals for 2011? Did you accomplish your 2010 goals?
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Mehran,
If I may make a suggestion, your 1st property should always be a 2-4 unit multifamily. You can get O/O rates. And THEN buy your "real" residence. You can get O/O rates for a 2nd time.
OTOH, if you buy a SFR first, you will have to cough up 25-30% down plus pay a higher interest rate on an investment property.