Skip to content
Questions About BiggerPockets & Official Site Announcements

User Stats

4
Posts
0
Votes
Kolawole Adebisi
  • Arlington, TX
0
Votes |
4
Posts

CHALLENGE OF BUYING A PERSONAL HOME OR INVESTMENT FIRST

Kolawole Adebisi
  • Arlington, TX
Posted Jan 15 2017, 04:43

As a newbie investor having a good credit score but no capital for investments yet. I have been having great deals for investments especially for a "buy & hold" BUT my challenge is, since my credit can only sustain me for a property at a time, should I buy my personal residential home first as a family of two kids or start with an investment property for a rental while I may refinance it later to be able to have some equity enough for my personal home.

Shouldn't my credit scores hamper me in getting a personal residential property since the mortgage is still on going of this first loan?

Pls. Take time out to advise me from your professional experiences and to help out other confused newbie investors like me. Thanks so much for your help BP families.

Loading replies...