ASKING SEAN #068 | MOVE IN THE NEW UNIT OR TO RENT IT OUT?

In this episode, we will address a question regarding the intention of a new unit, whether to move in or to rent it out.  In an ideal situation, we would want to invest in a property where the rental rate is close or more than the monthly installment. Hence it's important to do all the necessary homework prior to the purchase.  In the context of the question, the couple should move in to the unit they bought and rent out the two smaller bedroom until they are confident to take up the entire unit due to the financial constraints.