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Updated almost 7 years ago on . Most recent reply
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Newbie, multifamily or single family in Texas?
Hey guys, I've been on biggerpockets for awhile now, but 99% of that time, I was living in Los Angeles and was nowhere close to being able to afford real estate. I've moved back home to Central Texas in a small town called Belton. I'm very interested in house hacking a multifamily, but so far there don't appear to be a whole lot of multi families in this area. The ones that are here are brand new, on newly developed land and not for sale.
Any advice on what I should do? Should I branch out farther or try and save up for a single family home?
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@Chance Bostick. Don't know how long you been back home in Belton, but one of the things I've always counseled Buyers on is to "Be Ready - But Be Patient".
Meaning, have all your Ducks lined up, (Loan Pre-Approval, etc) so you can make an Offer quickly, but also know if your looking in the right area & right price range - the market will deliver - eventually!
Depending upon your job situation & location - Temple might also be a viable option.