I’m 22 years old I wanna try to get a multi-family property using a FHA loan and become a landlord while also living in the property. Would you recommend I wait and rent out someone else’s property or take the risk ?

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Do you have cash or ability to pay for any repairs that might be needed?

Other than that go for it. Just realize that in most cases there is nothing “passive” about real estate investing.

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Not saying it’s a bad thing just things to consider that it takes capital and time.

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Wait for what?

If you have the funds now, might as well start building equity and principal paydown.

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Thanks !

Risk

I did this at age 22 and it was the smartest thing I think I ever did

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