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Updated over 6 years ago on . Most recent reply
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Buying first property in Southern California, where do I start!?
Hello all,
I am new to real estate investing world. I have two connections that have some experience with multi family properties. I am struggling on calculating the numbers to determine a good deal. Simply put I don’t know what I’m doing, but I want to know. I’m reading all types of books, but I’d love to know what books you read that solidified your confidence to make your first buy.
The plan
I currently plan on getting a Duplex that needs cosmetic love no foundation work and pay with an FHA loan and house hack it.
Most Popular Reply
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Here's some help on the numbers specifically-
https://www.biggerpockets.com/renewsblog/2013/01/1...
Then for FHA and cosmetic work, etc., just include all of those expenses in accordingly.