Point me to first deal- Vacaville CA

[Maurice Clark]

Hey BP community

I’m from San Francisco and trying to start my real estate investing soon.

My best friend dad wants to give me $100,000 to start investing, his only keys were that it has to be in Vacaville CA where they currently reside and it has to be a 3 bedroom so they can stay there for that first year.

I have time to make this work but definitely want it to work in all our favor.

Houses in that area go for $270k-$500k

What type of loan works best to get him his $100k back soon after that first year and what kind of properties should I target.

I was thinking of getting a FHA loan to get a lower down payment and add more value to the house or do I put more to have a lower monthly payment.

I was also thinking of duplexes but not sure how to find them.

I know I’m missing a lot but I want to get this out there and scale my options.

Thanks fellow BP members