Starting Out in Los Angeles!

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Hello Bigger Pockets!

My name is RD Delgado. I’m a producer based in Los Angeles, California where I'm blessed to be following my passion in entertainment. It’s a wonderful life.

My wife and I are actively working to improve our situation and begin our real estate investing career via the lovingly termed “house hacking.” Specifically, we are looking for:

  • Property: a small multi-family (2-4 units)
    • one unit to be at least a 3 bedroom / 2 bathroom stand-alone house which we would occupy
    • additional unit(s) which we will manage
  • Location Options:
    • While we’re open to a number of possibilities, here are the target areas:
      • the South Bay area (Manhattan Beach, Redondo Beach, Hermosa Beach, Torrance, Rancho Palos Verdes, Lawndale, Gardena, Palos Verdes Estates, San Pedro, etc.)
      • the Pasadena area (including Alhambra, San Marino, La Crescenta, Montrose, La Canada-Flintridge, Glendale, etc.)
      • some areas might also be nice and/or on our wish list, but are secondary to what's listed above unless we found a great opportunity (Santa Monica, Pacific Palisades, Burbank, Sherman Oaks, Studio City, Santa Clarita, etc.)
  • Financing Options:
    • We’re open to a number of financing options, including partnering with an investor, using private/hard money loans, and other creative financing suggestions.
    • FHA loans is a seemingly popular option in these scenarios, so that's high on our list.
    • Additionally, here’s a list which we’ve found helpful http://themortgagereports.com/17670/7-mortgage-loa...

So there you have it. A brief intro and background. I’m working hard to make the most of Bigger Pockets; but if anyone has any wisdom, personal experience, resources, articles, podcasts, introductions, etc. to share, I’m open to listening!

Thank you! Here's to a great 2016!

RD

@RD Delgado welcome to BP! I feel like I've already seen you around! :)

As you may know I'm a big fan of house hacking. Sounds like you're on the right track to reaching your goal.

Let's get together and discuss our house hacking strategies!