Looking for guidance on buying my first property

[Huzaifa Ahmad]

Hi everyone, I am 32 and think I am finally ready to buy my first property (mentally at least.) I’ll be moving to DC in the fall and will be living there for around 3 years. I’d like to buy a property with a separate unit (eg basement unit) that I can rent out at the same time while living there. I’d plan on renting out my unit when I move out. But I’d love guidance on how to find out if it’s a good idea to buy in DC, how to know if the property will cash flow, how to find the type of property I’m looking for etc. I do have a lender I’ve started talking to to find out what I qualify for. I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August. Any guidance would be appreciated!

[Darius Wade]

Congrats on finally deciding to begin your real estate journey. My suggestion for you would be to use the all powerful "Youtube University". You have posted a lot of what would be considered basic questions. That is fine to ask but I believe you will get more useful information information from Youtube to start. Then once you build up a general knowledge base and understand your exact strategy and the inventory available in your market then you can ask more specific questions to help you along the way. Hope this helps.