Primary Residence and Investment Property Same Time

[Chase Swanson]

Sold out primary home in 2019 and have a lot of equity sitting in account ready to be placed. Was planning on seeing the market dive a bit but hasn’t much as far as primary market goes (San Diego).

Only have x amount of dollars for down payment on primary as well as down payment for investment properties.

Is there any advice on which to shoot for first or if there are advantages disadvantages one way or the other. Trying not to miss out one way or the other but really going to jump at whatever makes sense primary or investment comes first; and then follow up with the second buy.

[Dan H.]

How about both? A detached duplex (or detached ADU), house hack. Get one that the 2 units look to be separate homes with their own yards. Get the advantages of a primary and the advantages or an investment property.