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Updated about 1 year ago on . Most recent reply
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Best 4 plex market FHA BRRR- as a young investor
Hi! I’m a new investor and I’m willing to move anywhere in the country to be able to get my first deal locked in. I’m trying to find markets that would be good for me to get into. Any help would be amazing!!
Most Popular Reply
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Taede,
You could very easily move to Florida and buy a 2-4 unit in multiple Counties well priced to cash flow. Great place to settle in for a short or long term stay buy a primary live in an unit and move in 12 months transitioning into a full time rental. Pull cash out and repeat the process so that you can keep the doors building.
I have been here in Florida for over 30 years and its a great place to call home. No snow, depending on where you choose you can easily be 5 minutes from the beach/ocean and it does not have to break the bank. You can find a duplex for under $280K in many cities against just depends on what side of the Coast you prefer.
I prefer Gulf Side which is a great location all the way up to Citrus County, Crystal River and down past Lee County Cape Coral/Fort Meyers.