Updated over 9 years ago on . Most recent reply
What would you do?
Semi-personal options here, but would like to hear the pro/con's of both sides and to hear your opinions of the situation!
30-40k liquid
#1: Anti-American Dream
FHA/203k loan (max in our area is 271k, 3.5% down, and PMI)
buy a du/tri/quad-plex live in one side for a year and rent other sides
Move after a year. rinse repeat.
#2: Semi-American Dream
FHA loan/203k to buy SFH for me and my wife to live in, live in 1 year move etc.
Conventional loan on much smaller du/tri/quad-plex (100-150k)
#3: American dream
Conventional loan, get the biggest 30 year note we can and dont think about investing, of course get a white picket fence. ( ; haha