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Updated about 1 year ago on . Most recent reply

User Stats

2
Posts
6
Votes
Daniel Furtado
  • New to Real Estate
  • California
6
Votes |
2
Posts

New to RE investing

Daniel Furtado
  • New to Real Estate
  • California
Posted

Hello Everyone, 

My name is Daniel I am currently doing a lot of research on investing. I live in the bay area which I know is an extremely difficult place to start investing in. I was hoping to gain some insight on whether I should start my investment journey here. My other option would be to make my first purchase in las vegas. I do want to have a multifamily property be my first purchase but I am unclear on how Renting to property out works. I know that most home loans require you to live in house for at least a year prior to renting out, so my question is on how to work around this and be able to rent out the property soon after purchasing?  Any advice would help, Thank you!

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