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Updated about 7 years ago, 11/17/2017
Want to buy and hold in Southern California/los Angeles
Hi,
My names Karim and live in the southbay by San Pedro. I've been looking for months and am trying to make that leap to buying and holding my first multi family property. I was hoping to find something in my backyard, but am not sure where since prices are so high, it's hard to justify the income. Currently have about 20k saved up and am ready to make that jump in getting the first one started. Any suggestions as in location or minimum cash flow to be a good deal? Any advice appreciated.
Best,
Karim