- Joined
- Jun 29, 2011
- Messages
- 1
My wife and I are excited about entering the real estate market with cash flow properties. We are currently renting ourselves and so we thought it would be a good idea to purchase a duplex, live in one unit while renting the other out.
We have recently found a duplex that would be a good fit, but we still only have about 10% for a down payment. With interest rates slowly on the rise and the fact that we are spending our own money on renting as we wait should we jump in and purchase? Thoughts?
We have recently found a duplex that would be a good fit, but we still only have about 10% for a down payment. With interest rates slowly on the rise and the fact that we are spending our own money on renting as we wait should we jump in and purchase? Thoughts?