I'm looking to move to a new area in the next few months, and want to start getting some equity in a property rather than continuing to pay rent to someone else. I would currently be able to put 10% down on a 3 br 3 ba condo, and I make ~ 65k a year. Is it crazy to buy a condo with the intent to rent out the other two bedrooms? Do you have any tips/tricks/things you wish you knew when you were buying your first home?
Edit: This "new area" is the city I went to college in so I am very familiar with the area. However, it will be a new job with a new company so there is still some uncertainty there.
Submitted September 13, 2017 at 10:48AM by RobinSparklesFan http://ift.tt/2wZoWxC