Buying My First Home

[Johnny Encinias]

I was curious what would be some awesome advice for someone like me buying a 3bd. 2ba. 2 car garage house around 100K with 10% down. I want to live in it for a year, touch it up a bit while i live there and then refinance after a year and move out on to property number 2. would this be possible. also the are where I live has houses from 60,000 to 300,000 to its somewhat in the lower median of homes. 

[Cody Neumann]

@Johnny Encinias

This is a great way to get started. If you plan to flip it you should live in it for two years so you don’t have to pay taxes on the profit. If you plan to rent it you can move out after the first year and then refinance.