Updated almost 4 years ago on . Most recent reply
House Hack or Stay Home & Wait
I am 27 years old, and moved back into my parents house about a year ago so I could save more aggressively to buy my first investment property. I have about $18k saved right now and my initial plan was to look for a multifamily property and house hack. The supply on the market has not been great lately and it seems like most of the available properties are located in neighborhoods I don't really want to live in...do I wait it out and see if the market shifts in the next few months? Or should I pivot and look for a single family to buy and rent out? I could live at home for another year, and continue to save again for another investment....
I am eager to start investing, so any/all advice would be much appreciated!!