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Updated over 1 year ago on . Most recent reply

User Stats

7
Posts
5
Votes
Rickey Mayes
  • New to Real Estate
5
Votes |
7
Posts

Building a Team - Sacramento Area or Long Distance

Rickey Mayes
  • New to Real Estate
Posted

Hey I am Rickey Mayes. Just got my pro membership and looking to buy my first rental property. I am just 21 years old and trying to build capital and credit right now. I just do not know what market to start up in- whether my hometown in Sacramento or Midwest or Southeast states. As you all know California real estate markets are very pricy and that why I’m contemplating if it will be best to long distance invest. I am looking to househack if possible 1-4units.

I have enough for a small down payment to afford Midwest or southeast but not in my hometown of Sacramento/Northen California, for a single/small multi family house (1-4 units). I'm looking to FHA loan the property. As I said I'm new and would like to house hack my property.
I will gladly like some suggestions for starting my Real Estate Investing career. Whatever experience you all have will be greatly appreciated during my journey to real estate investing. 

  • Rickey Mayes
  • Most Popular Reply

    User Stats

    5,066
    Posts
    4,040
    Votes
    Nicholas L.
    #4 Real Estate Deal Analysis & Advice Contributor
    • Flipper/Rehabber
    • Pittsburgh
    4,040
    Votes |
    5,066
    Posts
    Nicholas L.
    #4 Real Estate Deal Analysis & Advice Contributor
    • Flipper/Rehabber
    • Pittsburgh
    Replied

    -save up enough until you can house hack locally

    -house hack locally

  • Nicholas L.
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