Locations in MA to begin my search for first property

[Stephen Igbeka]

I started my account years ago but just started actually being serious in purchasing my first property. I live up in reading/stoneham at the moment, any locations where you guys can toss for me to start looking for a triplex/quadplex. I have about 40k looking for something max 300-350K range, less is better. But I know Stoneham, Woburn, and north of boston is too dang expensive. Any input will help. I am willing to travel hours I just need to get my feet wet and start driving to search for locations! Thank you!

[Charlie MacPherson]

@Stephen Igbeka  It's very unlikely that you'll find something near you.  Certainly not within the 128 belt.

You should be able to buy in Plymouth or Bristol counties if you owner occupy with something like an FHA loan at 3.5% down.

If you don't owner occupy, you'll need 20% or more down and $40K won't get you very far with the possible exceptions of Fall River and New Bedford on the South Coast.  If you look there, I'd advise researching the crime maps to get a feel for the area.