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Updated over 4 years ago on . Most recent reply

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Jacob Billanti
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Currently living rent free

Jacob Billanti
Posted

I am in a situation where I am able to live in a house rent/mortgage free thanks to a family member. My question is, should I give up this opportunity in order to take advantage of a First Time Home Buyers loan to later move out and rent out the property? Does anyone have any advice as to what direction I should take in regard to purchasing my first investment property? 

Thank you very much in advance!

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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • San Diego / Phoenix
Replied

You can't free forever....might as well figure out your passion in RE and go for it.......

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