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Updated over 7 years ago, 08/08/2017
RE questions for San Fernando Valley, encino, Tarzana,
Hello all,
I'm thinking of shrinking down my supply of homes. I currently own 10 SFRs in Las Vegas and am considering selling some to buy one or two SFR's to flip in LA.
I know the Valley pretty well and that is where I would prefer staying.
My question is, if I pay cash, would I be able to find at least a 3bed, 2bath 1200SF, or in decent parts of the Valley for a bit under market that I could flip.
I would only have $500k max for my first one (that would have to include repairs and the purchase of the property).
Thank you all in advance.
P.S. by the way if amy of you are interested in Las Vegas, feel free to reach out. I can get you a lot of insight.