Los Angeles

[Esteban Perez]

With property being so costly in the metro area, how is it even possible to acquire the first deal that has a positive cash flow with limited start up funds. 

[Francis A.]

@Esteban Perez

A few questions to your question.

1: What is "expensive"? You will get better answers if you give us numbers. This way we can have a better idea of what you're looking for.

2: Have you searched thoroughly before coming to your conclusion?

3: If you aren't already, I would go on Redfin.com and search at least 30 zipcodes in the metro area and save the searches. This way, you'll get regular emails of the latest listings that come available on the MLS.

4: Using the MLS listings as a guide, your next step would be to drive through some of these zipcodes to find stuff that isn't listed on the MLS but are listed by various sellers.

Yes, quite a bit of work but if you're serious about finding something in the metro area, you can. The only snag is that it will take time. 

You can do it,.. Good luck!