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Updated about 8 years ago on . Most recent reply

Blake Milliken's profile image
Blake Milliken's profile image
Blake Milliken
  • from Azusa, California
  • Member since Apr 13, 2016
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35
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Blake Milliken's profile image
Blake Milliken's profile image
Blake Milliken
  • from Azusa, California
  • Member since Apr 13, 2016
Connect
Blake Milliken
  • Azusa, CA
9
Votes |
35
Posts
Starting Out

BRRRR Strategy Southern California

Blake Milliken
  • Azusa, CA
Posted

Hello I have at least 40k of capital and I want to do my first BRRRR. I live outside Los Angelos. Ideally I would want to buy a duplex/triplex FHA Loan then do a live in rehab for a year on one unit.

Is this possible in Southern California? Is it even smart to buy for a rental in SoCal when the prices are so inflated? What markets is this possible in with only 40k of capital? 

Another Market I was looking into was Knoxville TN, I will have a friend going to college there and he can manage it, I would love some advice on this!

Thank you

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