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Updated over 5 years ago on . Most recent reply

User Stats

144
Posts
35
Votes
Mary Ann
  • Investor
  • Polk County, FL
35
Votes |
144
Posts

I dont want to invest before I buy my own home

Mary Ann
  • Investor
  • Polk County, FL
Posted

Mostly because I will miss out on first time home buyer programs.  I am also over 40 and tired of renting. But I sorta wanna be convinced that I should!  What are the benefits of investing (buy/hold at least one home) before buying my own?    that beats out the first time home buyer perks.  Thank you!

Most Popular Reply

User Stats

159
Posts
75
Votes
Howard Herrington
  • Realtor
  • Boston, MA
75
Votes |
159
Posts
Howard Herrington
  • Realtor
  • Boston, MA
Replied

Yes, it would be considered a house hack!  You essentially would buy a property where you can live in it and then rent out a second unit which pays the mortgage.

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