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Updated almost 6 years ago, 02/23/2019
looking to invest in 1-3 unit properties in Jacksonville, FL
Hello,
I am very excited to get started with real estate investing! I've just graduated from the University of Florida and recently started working full time as an engineer in Jacksonville, FL. I am very interested in investing in single family homes or potentially doing a house hack situation.
I have been reading many books on the topic but now it is time to start getting hard numbers and analyzing deals. I have done some quick calculations and found that the zip code of 32244 satisfies the 1% rule when using median rent and sale prices.
I am looking to do my first deal so I am leaning towards a SFH that does not need any major rehab. I will also be financing any deals with regular bank financing with 20% down unless I am going to do a house hack where I will try to pursue an FHA loan with a smaller down payment.
Thanks! Please feel free to connect with me or reach out if you have any questions.