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All Forum Posts by: Miguel Anaya

Miguel Anaya has started 2 posts and replied 3 times.

Post: FHA Can I rent it out .

Miguel AnayaPosted
  • Los Angeles, CA
  • Posts 4
  • Votes 0

@Ashley Kehr thank you very much !! Good to know ?

Would that be for any state or just California ?

Post: FHA Can I rent it out .

Miguel AnayaPosted
  • Los Angeles, CA
  • Posts 4
  • Votes 0

Hello I'm A super New bee!!!!!! I have a question about FHA loans, since it would be my first time purchasing I would like to use an FHA loan, but I live in California I have a question if anybody could help me out.

would I be able to refinance through a conventional loan after?

and if I can how long do I have to wait?

Post: family or Multi Unit Homes

Miguel AnayaPosted
  • Los Angeles, CA
  • Posts 4
  • Votes 0

Good Evening BiggerPockets Family! My name is Miguel Anaya I’m currently residing in Los Angeles . I’m finally looking to dive into my real estate journey . I’m focusing all my energy into out of state investing . Due to higher cost of living in Los Angeles . I wanted to see if I can get a little bit of input from the more experience crowds here at bigger pockets . I am currently planning a trip to Florida (Orlando) to visit some property’s I’m would like some advice about this journey . I’m a new bee at real estate but Ive been doing my due diligence on the area I would like to focus on . I am currently debating between rehab and long-term investment on single-family homes or duplex . Properties I am going to take a look at would be between $20.000- $120.000. Since this is going to be my first time hopefully stepping into the real estate world I wanted to see if somebody had past experience in this area and if they would urge me to invest or not invest out of state?