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Updated about 9 years ago on . Most recent reply

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16
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1
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Bhavesh Patel
  • Long Beach, CA
1
Votes |
16
Posts

My SoCal "I bought a 2-on-a-lot" Build Thread

Bhavesh Patel
  • Long Beach, CA
Posted

Hi BP,

I enjoyed "build threads" for my dirt bikes...why not for an investment property?

Me: 32/m/healthcare. Moved from MA->CA in 2012 for a girl, got engaged, she broke it off for someone w' more money? cocaine? better looking? dunno...forget her!

Starting renting a room to save $$. Landlord was a real estate agent. She helped me buy.

1 week ago, I closed on a 2-on-a-lot.

I'm a boss now, right?

$580k w' FHA

-front (1948): 2br/1ba, 630sq ft (small!), 1 carport, 1 off-street parking, small front/rear lawn,shed - vacant, lightly renovated, 

-rear (1964): 2br/1ba, 808sq ft,  2 car garage, 3 parking spots, not renovated - occupied

Here we go!!!

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