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Updated almost 3 years ago,
Good Investment Areas (Mt. Oliver, Pittsburgh, PA)
Im currently working a full time job (50+ hrs a week). I'm 24 years old. I'm also looking to buy my first investment property. I am looking to buy a multi-family property that i can live in free but also rent out with with good cash flow. I know the cash flow will improve will once i move out but being that this will be my first property and I do not have a large savings for 20% down right now i would like to get a property for 3.5% down with a FHA loan. My Purchase Price budget is about 150k-. That being said, I am wondering if Mount Oliver in the Pittsburgh Area is a good place to invest. I have driven through a few times now and get mixed vibes. I know Mt. Washington, Pittsburgh, PA is a good place. Is mt Oliver too? If not, are any others close to the area good neighborhoods to invest in? Ideally I would like to be located somewhere around the city. Let me know your thoughts.