Should I Buy My Home Or An Investment Property First?

When it comes to taking your first steps onto the property ladder, many believe that they should be aiming to buy their own home first. but as Liam explains in this episode, it might be time to rethink that startegy and invest instead in an investment property. KEY TAKEAWAYS Chaining yourself to a mortgage early on can mean that you are tethering yourself to a liability instead of an asset. When you obtain a property for investment purposes, your tenant will be covering the c ost of that mortgage, leaving you with cashflow and capital appreciation. By becoming an investor, you are opening yourself up to a whole new world of skills and business. You will develop in ways you cannot imagine.  BEST MOMENTS 'In my expert opinion, you should be buying an investment property first' 'It can be a liability rather than an asset' 'You need to make your money work for you, not the other way around'  VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk   ABOUT THE HOST You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life CONTACT METHOD Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017