All Forum Posts by: Sophia Fong

Hi everyone!  I am a newbie real estate investor and I am currently on the search for a multifamily property (2-4 units) to buy.  I currently have 40K saved to help place a downpayment and hope to finance the rest.  Most of the multifamily units are around 600K and up across So. California.  Curious to know if anyone had invested in multifamily in the last year and what it has been like with renting out and if there is any chance for cash flow, or is anyone house hacking?  Have you been successful at all?   Curious to know what your experience has been.  I've ran numbers with the calculators on BP but it all seems to be running negative.  =(   Any thoughts of what good new investment type deals would be good for a newbie?  Thank you for your time for replying to the post!

Im interested in trying to connect with people who can give me a little bit of insight of how to acquire a single family home for rental or multifamily home for rentals.  I would like to know how to acquire, learn about lending, financing, set up a system of how to eventually create cash flow from these buildings.

Hi, I'm a new to investing in real estate and currently trying to learn - I am also looking to network with others in the area.  I live in Covina, CA.