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All Forum Posts by: Krystal Lozano

Krystal Lozano has started 1 posts and replied 1 times.

Starting Out

Post: Multifamilies in Pennsylvania - Should I?

Krystal LozanoPosted
  • Posts 1
  • Votes 1

Hi all! I'm new in the Biggerpockets forum and learning about REI. I want to ask about PA's multifamily (mainly duplex) scene in the Philadelphia and Pittsburgh areas.

Currently, I'm in my mid 20s and am starting a new job in PA. I'll be moving from California and only making a 50k  salary, but this job will cover housing and utilities. While I wait for my work history, I want to build credit and save for a down payment. By the end of 2 years, I could save 50-60k for a down payment, closing costs, and reserves. 

Does anyone in this forum have multi-family experience or a rental portfolio in PA? I'd like to accumulate enough properties to cash flow 6 figures, which would likely be a 20 year plan. 

If you have experience here, I'd love to hear it! Thank you. 😊

1 Vote
Philadelphia, Pennsylvania