All Forum Posts by: Souheil Nadri

Dear Jon,

Thank you so much for your thorough response. I very much appreciate you taking the time to give a thoughtful response, and I can tell you are very passionate about real estate investing. Could you please send me your spreadsheet? Would you be willing to chat more about your experience and path forward? 

Best,

Souheil

Dear SOCAL Bigger Pocket Community,

My wife and I are trying to do an owner-occupied real estate deal. This will be our first house/investment. Areas of interest (approx 40 mins commute to Malibu) = eastern part of Ventura CTY: TO, Camarillo, Simi Valley + West/North West LA: San Fernando Valley, Burbank, Culver City, etc. We are open to SFH w ADU (or ADU potential) or multifamily. Because we will live there, we want to be in a relatively safe area. We are also open to value added projects if ok to move in. The main goal is to put down 5-10% and have mortgage - rent = < $3000. After 5-7 years, either sell or keep as long term rental.

Looking for help in any form (previous experience, agent recommendations, etc). Some questions: How does zoning work (SF, MF) and how it affects the loan, tenant pool, resale value? Which areas/neighborhoods should we look into (SFH+ADU or MFH) and what are the pros and cons of each strategy? What are different financing options including ADU construction?

Looking forward to networking/getting your input.

Thanks!

Dear SOCAL Bigger Pocket Community,

My wife and I are trying to do an owner-occupied real estate deal. This will be our first house/investment. Areas of interest (approx 40 mins commute to Malibu) = eastern part of Ventura CTY: TO, Camarillo, Simi Valley + West/North West LA: San Fernando Valley, Burbank, Culver City, etc. We are open to SFH w ADU (or ADU potential) or multifamily. Because we will live there, we want to be in a relatively safe area. We are also open to value added projects if ok to move in. The main goal is to put down 5-10% and have mortgage - rent = < $3000. After 5-7 years, either sell or keep as long term rental.

Looking for help in any form (previous experience, agent recommendations, etc). Some questions: How does zoning work (SF, MF) and how it affects the loan, tenant pool, resale value? Which areas/neighborhoods should we look into (SFH+ADU or MFH) and what are the pros and cons of each strategy? What are different financing options including ADU construction?

Looking forward to networking/getting your input.

Thanks!