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Updated over 4 years ago on . Most recent reply

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Akeim March
  • Eustis, FL
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Focus on increasing income before buying my first house

Akeim March
  • Eustis, FL
Posted

A little background I’m 23 with a 740 credit score I make 26k a year before tax and my take pay every 2 weeks is about $850 as a cook I have a car loan which I owe about 5k on and the monthly payment is $200 a month I have no other debt, I have $13,000 saved up and I currently share an apartment with my girlfriend so my half of the rent comes out to be $400 month and I live in Florida.

My question is would it be wise for me to try to buy my first investment property so I can house hack or should I wait till my income has increased?

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