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Multi-Family and Apartment Investing

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Austin Richey
  • Real Estate Investor
  • Hollywood, FL
4
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21
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Looking to purchase first home.

Austin Richey
  • Real Estate Investor
  • Hollywood, FL
Posted Jul 19 2014, 21:59

Okay I currently work as a maintenance man on mobile homes in the day time. Just recently picked up a 2nd job which brings my biweekly pay to around 1,100 every 2 weeks. Every month I plan on saving atleast 1400. So in the next few months i'm looking to make my first purchase.

I'm going for an FHA loan and I know it has to be owner occupied. I currently live in Illinois and plan on staying in IL for the next 3 years.

My question to the bigger pockets community:

1. What should I be looking for in homes?

2. If anybody is familiar with Illinois, where are some good places to start?

3. What should I be looking for in an area?

4. Regardless of the area, how should I look at these multifamily homes as I pull them up on realtor, zillow, etc.?

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