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Updated over 7 years ago on . Most recent reply
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LF Neighborhoods + agent for SFR <600k
Hi folks, I've been reading and researching here for the better part of the year and would be very appreciative of any input on this question. I'm finally looking to purchase my first SFR, which I will live/rent to offset costs and save up for any rehabbing, it's exciting but daunting.
I've only just started looking around where I rent right now, near North Hollywood and other parts of the SFV and have found some within my budget for sure, but am wondering what particular neighborhoods with reasonable commutes to Hollywood do people recommend with a budget of 600k (for 2-3bdrm SFR)? Are there agents in these areas that anyone can refer?
thanks in advance, happy to answer any further questions or chat with anyone in the area as well.
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@Rory Kinnear Welcome to BP!
Why SFR and not 2-4 units? If you want to start investing, a 2-4 units it's much better than an SFR for the first purchase in my opinion. You have more options for financing when it's your primary residence.
I purchased a duplex in Burbank a few years back and I was able to get it with FHA loan.