Updated over 6 years ago on . Most recent reply
First property purchase. Rent out, or move in?
Hello all,
I'm just getting into real estate, and I was hoping you well educated people could help me make up my mind about something. I'm currently paying rent ($700 monthly), and I'm looking to buy a house. The choice I have to make is should I: 1) stay in my apartment, buy a 1 bed house, renovate it, and rent it out, or 2) buy a 2 bedroom house, renovate, and move myself into it?
Most Popular Reply

It really comes down to your situation and what will benefit you the most. Tough for us to give you a clear destination point with very little facts.
For me, when im investing I want to make a decision that will benefit me the most 10 years from now. I want my initial investment to grow, and give me the ability to re-invest.