First Investment

[Chris Shaw]

Hey BP, I've been looking at condos, single family and multi family homes and just want to know which be the BEST start as far as investments goes. Looking in the Long Beach Orange County maybe Riverside, CA area. I've been reading a lot of BP post and seems like multi family homes would be the best bet going off some prices I see and house hacking tips. First time buyer so I know FHA will be the best as far as loans are concern. Just want to have an idea on which properties(and prices) I should be looking towards. Currently researching market trends in those (listed above) areas.

[Terry Jacobsen]

I would Stay away from condos because of the HOA and puppet dictatorship. I would look to house hack a multi and live for cheep. Keep in mind that anything less than twenty percent and you will be paying PMI. Just a added cost. Terry