Updated about 5 years ago on . Most recent reply
Experienced investor advice needed. What would you do?
Hello all,
Looking to purchase our first property but in a bit of a dilemma and have a decision to make.
Here are the scenarios to choose from:
1. Look for SFH in the saturated ATL market budget 150k.
2. Look for SFH in Augusta, GA. Better deals, rent is lower, but kind of gun shy about doing the first-time deal not close to my primary residence. Budget 150k.
3. Rent the primary residence, owned free and clear, and purchase another primary residence.
The overall strategy, at the moment, is to buy and hold to get passive income and exit if the market demands it. We're leaning towards scenario #1.