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Updated 3 months ago on . Most recent reply
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New Investor looking for land in Ojai & Malibu, CA + lender connections for rentals.
Hi All, my wife and I are based in Ojai, CA and are looking to invest nearby, primarily near Ojai or the Ventura County portion of Malibu, but possibly Santa Barbara County for the right property. We are primarily looking for land on which to set up an owner-occupied situation with 1-4 rentals. Open to an existing home with a large lot/acreage. Considering a mix of long and short term rentals, with the STR's being non-traditional structures targeting glamping clientele. Looking to network with lenders, agents, contractors. Open to shared experiences and wisdom from all. Thanks!
Most Popular Reply
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Quote from @Ko Kashiwagi:
Welcome to BP! What kind of financing are you planning for? Conventional or DSCR?
I'm thinking an FHA or conventional, ideally owner-occupied. I'm still learning about the process but a Construction-to-Permanent looks attractive if owner-occupied terms could apply.