Would love your opinion on a few scenarios
Hi All!
Would love your opinion on a few scenarios...
1) If you live in an expensive metropolitan city and properties are just too much to purchase, is it a good idea to invest in a property in a more affordable city (buy & hold - rent out), but rent where you live ? (Also knowing you will only be in the expensive city for a few years max)
2) If you have money for a small down payment for an investment but not much after as reserves - would you just keep educating yourself while saving more for reserves? Or look for a property that costs less (less down payment) just so you get started somewhere?
I appreciate all of your help!!