Skip to content
Starting Out

User Stats

1,114
Posts
1,070
Votes
Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
1,070
Votes |
1,114
Posts

Where to Invest First?

Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
Posted Nov 6 2016, 23:17

BiggerPockets Members,

I am a new investor seeking a location (or "farm area") to purchase my first multi-family property (2-4 units). My plan is to move to the location and finance with an FHA loan. My goal is to live for free (or maybe even cash flow $50-$100 per month) and pick up additional cash-flowing buy & hold properties as time goes on.

I am not tied down to any particular location and am a bit overwhelmed by the amount of options I have. My target price range would be between $100k to $350k with limited rehab (cosmetic stuff is fine). 

I have been looking into the following places and am having trouble making a decision: Chicago, Cleveland, Atlanta, San Antonio, Savannah, Dallas, Sacramento, St. Louis, and Kansas City. I'm open to other suggestions as well. 

Any help would be greatly appreciated! Thanks! 

Loading replies...