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Updated over 4 years ago on . Most recent reply

User Stats

28
Posts
6
Votes
Brandon McLendon
  • Rental Property Investor
  • Long Beach, CA
6
Votes |
28
Posts

Long Beach Ca, House hack

Brandon McLendon
  • Rental Property Investor
  • Long Beach, CA
Posted

Hi everyone,

I am a new investor and I would love to get your advice if you don’t mind. I live in Long Beach and I can only get a loan for like 400-500k which  isn’t much in Long Beach. I have a partner that can invest just as much as a partnership. My question is, is it still possible to house hack and cash flow in Long Beach (LA) in your opinion? Or do you suggest investing out of state? Some people don’t suggest investing out of state but what choice to I have in such an expensive market? I want to buy multi family for house hacking. My goal is to buy a place a year and don’t know if I should start out of state or.....?  thank you for your consideration,
BM 

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