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Updated almost 7 years ago, 12/17/2017
Investing Strategy Los Angeles Area
Hey everyone,
I need a bit of advice on strategy I should take with my first home purchase. I was just approved for 700,000 FHA @ 3.9 interest and I am waiting to get my Certificate of Eligibility so I can get my VA options.
I have been considering 2 different options.
A SFR with 6+ rooms (live in 1 and rent the others)
Or
A Multiplex
In Los Angeles area, the areas and rents of each place change significantly along with the purchase price.
The 3 locations I have been considering is North Hollywood, Northridge, and LA south of USC.
Any recommendations and suggestions to really get the ball rolling in Real Estate?