Lets Connect: Searching Multi-Family (4-plex) as 1st Primary Residence in TX

[Ruben Beraza]

(First Time Home Buyer / House Hacking)

Hello BP Community,

I'm based the Bay Area, Ca & have fix n flip experience in this market. I'm new to the rental side of the RE business & searching for a multi-family, single story 4-plex primary residence in the Texas-San Antonio, Houston, Dallas markets. I plan to leverage an FHA loan to kick off my long term rental portfolio. I'm aiming for a mix of appreciation & positive cash-flow after some value add work is done to the property over the course of first year of ownership. I plan on putting some elbow grease myself but mostly contracting the work out to allow the professionals to do what they do best. I know this may be very difficult in todays market, however it's possible.

In addition, I’m wishing to connect & build relationships with local investor friendly agents in these areas who invest themselves, help clients with investing opportunities & are tapped into off-market listings. If you have experience structuring creative financing deals, all the better. Open to agent recommendations / money lenders as I begin to get my ducks in a row to execute effectively by no later EOY. Much appreciated & thanks in advance! 

Happy to connect via BP / Zoom / IG whichever platform works best to fill in any gaps in my post.