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Updated 3 months ago,
Looking For Multi-Family Investment Agent
Hello everyone.
I’m looking for an investment Agent who can help me live my dream of living minimum to rent-free.
My goal is to purchase a Triplex or 4plex in the Los Angeles or Inglewood area live in 1 unit and rent out the other 3. I am hoping with the high rents in the area I can live rent free or under $1000 a month.
Challenges: the only challenge I’m having is down payment/closing costs as I do not have much saved in looking to take advantage of a down payment assistance program. Other than that I make decent income (approx. 110k/yr) and currently live with family rent free.
Knowledge: I do have an active real estate license and although I do not work under any broker, I understand the ins and outs of property management. Including landlord obligations, leasing and vacancies. I also know a bit of cosmetic construction techniques like sink, drywall, cabinet installations end can even put together a small team if needed.
main question: Does anyone know a real estate agent who can help me find a move in ready house in LA with minimal repares(preferably none) where the rest of the units can fund the mortgage. Or should I leave this dream alone? Any tips/advice help as well!
thank you