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Updated over 1 year ago on . Most recent reply

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Sidney Garcia
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Leaving NYC to purchase my first multifamily investment property. Where should I go?

Sidney Garcia
Posted

Hello everyone, I'm 20 years old looking to buy my first investment property. I'm interested in house hacking in a multifamily home preferably 2-4 units. My main goal is cash flow with the long term vision of holding and eventually moving out of that property and accumulating more rentals in the same market. What cities would you guys say is the best for this goal? I also plan to use an FHA loan for the 3.5% down payment. Any advice and recommendations would be great! I do have some personal areas of interest such as north carolina, south carolina, and florida. Would these be good choices for my investment strategy?

Most Popular Reply

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194
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
372
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194
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
Replied

@Sidney Garcia

Columbus, OH is a lot of fun! There's plenty of job options, depending on your career. Landlord friendly, low taxes, and cheap insurance. There's been tons of recent growth and more to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups).

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Reafco Real Estate

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