FIRST TIME HOME BUYER ADVICE!!

[Taylor Fender]

I am a fresh out of school 22 year old working in the tax field.  I am currently searching for my first home.  I am expecting to move in about two years or so to a new location which is  about an hour and a half from my current one.  I am in currently in graduate school working toward a CPA, so I should be make quite a bit more money when this is complete.   I am currently renting and I really dislike it.  I feel that I am throwing my money away.  I want to purchase a home, take the tax benefits, build some equity, and eventually turn it into an investment property when/if I relocate.  I am a salaried employee with good credit, so getting the mortgage will not be a problem.  What advice do you have to offer someone as "green" as myself?  I want to go about this in the best way possible.  Should I stick with the traditional single family or maybe look for a duplex?  

[Troy Gravett]

Dont even think about buying a single-family home. Buy a multiunit ( preferably 4 units), live there for two years and then move out and rent the fourth unit. Then when you build up enough cash to put 20 or 30% down, Don't even think about buying a single-family house, go buy an apartment building. Rinse, lather, repeat. before you know it your passive income will be 5 figurea a month and then you can live wherever you want.