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Updated almost 9 years ago,
New Member from North Hollywood, CA needs advice
Hello folks,
I am new to both this site and real estate investment. My gameplan right now is to find a property that will enable me to continue saving money as I need to move out of my parents townhome. I was looking at buying a condo in North Hollywood or Santa Clarita that has 2 beds and rent one room out to someone else to help cover most of the mortgage. I already sat down with a mortgage broker to find out what my price range is.
My question is, should I continue looking in North Hollywood, or should I focus more on Santa Clarita which is way further out from my work and pretty much everything else in LA but with beautiful new properties that are much cheaper?
I appreciate any help,
Jonathan