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Updated almost 11 years ago on . Most recent reply

User Stats

877
Posts
94
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Christopher Hunter
  • Real Estate Investor
  • Cypress, CA
94
Votes |
877
Posts

Am I doing the right step in order to acquire my first rental property?

Christopher Hunter
  • Real Estate Investor
  • Cypress, CA
Posted

I have been pre-approved for an FHA loan of $166,000. I have begun to do my research for duplexs, triplexs, and 4-plexes that are in this price point. I know I was not going to get anything here in my, Orange, county. I have been looking at property in Riverside County, 29 Palms, Adelanto, Apple Valley, Banning, Barstow, Big Bear, Blyth, Desert Hot Springs, Hemet, Joshua Tree, and a few other cities. Is there an Investor in this area that has some knowledge. I am on the road from 9-5 and not been able to make all my necessary phone calls to the city department, police stations, and the planning department do get an idea of where this county is heading in the future. I will reach out to the property managers and agents in the area to get an idea of the good neighborhoods and schools. Is there something I may be missing in trying to acquire my first rental property?

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