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Updated about 2 years ago on . Most recent reply

User Stats

67
Posts
19
Votes
Michael M.
  • Rental Property Investor
  • Tustin, CA
19
Votes |
67
Posts

Buy Primary Residence vs Rent & Invest

Michael M.
  • Rental Property Investor
  • Tustin, CA
Posted

Hi All,

So for background context, wife and I live in Orange

County, CA. We rent an apartment for $3,450 and have enough saved for a

down payment on a house. Our lease ends in December so I'm trying to

start brainstorming and think ahead to different options.

My

question to everyone is would you use the money as a down payment for a

SFH that we'd live in and secure a primary residence? Or would you

continue to rent and use the money to buy other properties/investments?

Thanks,

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