Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Starting Out in Los Angeles!
Hello Bigger Pockets!
My name is RD Delgado. I’m a producer based in Los Angeles, California where I'm blessed to be following my passion in entertainment. It’s a wonderful life.
My wife and I are actively working to improve our situation and begin our real estate investing career via the lovingly termed “house hacking.” Specifically, we are looking for:
- Property: a small multi-family (2-4 units)
- one unit to be at least a 3 bedroom / 2 bathroom stand-alone house which we would occupy
- additional unit(s) which we will manage
- Location Options:
- While we’re open to a number of possibilities, here are the target areas:
- the South Bay area (Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, Rancho Palos Verdes, Lawndale, Gardena, Palos Verdes Estates, San Pedro, etc.)
- the Pasadena area (including Alhambra, San Marino, La Crescenta, Montrose, La Canada-Flintridge, Glendale, etc.)
- some areas might also be nice and/or on our wish list, but are secondary to what's listed above unless we found a great opportunity (Santa Monica, Pacific Palisades, Burbank, Sherman Oaks, Studio City, Santa Clarita, etc.)
- While we’re open to a number of possibilities, here are the target areas:
- Financing Options:
- We’re open to a number of financing options, including partnering with an investor, using private/hard money loans, and other creative financing suggestions.
- FHA loans is a seemingly popular option in these scenarios, so that's high on our list.
- Additionally, here’s a list which we’ve found helpful http://themortgagereports.com/17670/7-mortgage-loa...
So there you have it. A brief intro and background. I’m working hard to make the most of Bigger Pockets; but if anyone has any wisdom, personal experience, resources, articles, podcasts, introductions, etc. to share, I’m open to listening!
Thank you! Here's to a great 2016!
RD
Most Popular Reply

Welcome! If I can help in your search in the Pasadena area I'd be happy to help :)