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Updated over 14 years ago on . Most recent reply

Kevin Kaczmarek's profile image
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Kevin Kaczmarek
  • Real Estate Investor
  • from Fishers, Indiana
  • Member since Sep 18, 2009
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Kevin Kaczmarek
  • Real Estate Investor
  • from Fishers, Indiana
  • Member since Sep 18, 2009
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Kevin Kaczmarek
  • Real Estate Investor
  • Fishers, IN
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Goals, Business Plans & Entities

What are your Real Estate Goals for 2011?

Kevin Kaczmarek
  • Real Estate Investor
  • Fishers, IN
Posted

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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Loc R.
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  • from Pasadena, California
  • Member since Apr 21, 2009
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  • from Pasadena, California
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Loc R.
  • Note Investor
  • Pasadena, CA
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Loc R.
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  • Pasadena, CA
Replied

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.

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