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Updated almost 3 years ago on . Most recent reply

Best Multi Family Purchases in California?
Hello!
Currently I have around 10k+ saved and recently just started as a real estate agent. What are the avenues to invest in a multi family here in California? Do I need more cash on hand for a loan? Is it better to look out of state? What are some great networking opportunities?
I'd preferably want something that would cash flow easily.
Thank you!
Most Popular Reply

Hey Matthew, looks like you are in Sacramento. There are locations in that part of the state that are eligible for a USDA loan.
USDA loans are 0% down and have maximum income limits that enable low-mid income earners to get into a home. You may be eligible for this product and you can find both the USDA Income Req's HERE and the USDA Property Location Req's HERE. Sacramento's surrounding areas have a lot of available real estate that is eligible, as long as you meet the income guidelines.
- Erik Browning
- (707) 595-7574