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Buying & Selling Real Estate

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Clancy Catelli
  • Real Estate Agent
  • Sequim, WA
39
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64
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Should I own my home out right?

Clancy Catelli
  • Real Estate Agent
  • Sequim, WA
Posted Dec 23 2017, 21:21

Im about to start building my next personal residence for my family. It's going to cost around $330k. I all ready own the land, but was wandering if it's smart to put the majority of my savings into my personal residence. I don't have great income, around $3500 a month right now, but enough to get a laon for most of it. My goal is to transition from flipping homes to buy and hold rentals and I don't want  to get into a situation where my debt to income ratio is way to high. I'm 26 and looking for what to do next

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