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Updated about 11 years ago,

User Stats

15
Posts
1
Votes
JC Smith
  • Real Estate Investor
  • Lakewood, CA
1
Votes |
15
Posts

22yo First Time Buyer Multiplex California

JC Smith
  • Real Estate Investor
  • Lakewood, CA
Posted

Hello everybody, first time poster here, long time lurker.

I am 22 years old and currently in a Sales position at a local dealership pulling around 95-100k a year (2 years on the job). I have saved up around 30k in liquid currency, 6k in a 401k and around 8k in investments.

I work in the Cerritos Area of Southern California and am wondering a safe bet to throw a Owner/Occupied FHA loan at.

I would like to use this as a long term hold investment for monthly gain, and would like to keep my ROI very high.

I can not fund a conventional 20% down which is why I am going FHA.

I would LOVE to stay within 45 minutes of my work area of Cerritos Auto Square..

Any tips? I am a sponge, douse me with your knowledge

Many thanks,

Jc Smith

JCTWO Revenue LLC.

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