Your first home does not need to be your dream home. In fact, in today’s market with the inventory the way it is, it might just be better to go into the home buying process with the idea that you want to look for a place that you can build some equity that will be good for renters in the future. Or that would be good to turn around and sell then in two to five years or something like that. Then go ahead and sell that property and move into your dream home. Or even better would be to rent that property out and use that income to help pay for your new place.
