22yo First Time Buyer Multiplex California
Hello everybody, first time poster here, long time lurker.
I am 22 years old and currently in a Sales position at a local dealership pulling around 95-100k a year (2 years on the job). I have saved up around 30k in liquid currency, 6k in a 401k and around 8k in investments.
I work in the Cerritos Area of Southern California and am wondering a safe bet to throw a Owner/Occupied FHA loan at.
I would like to use this as a long term hold investment for monthly gain, and would like to keep my ROI very high.
I can not fund a conventional 20% down which is why I am going FHA.
I would LOVE to stay within 45 minutes of my work area of Cerritos Auto Square..
Any tips? I am a sponge, douse me with your knowledge
Many thanks,
Jc Smith
JCTWO Revenue LLC.