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Updated about 9 years ago on . Most recent reply

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Jonathan Boroda
  • North Hollywood, CA
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Buying my first primary living property in South Bay (SoCal)

Jonathan Boroda
  • North Hollywood, CA
Posted

Hello folks,

I have been looking at buying my first property and mostly have been looking at condos with a minimum of 2 beds so I can find a roommate to split the mortgage with.  Been looking in the mid to high 300k range but am concerned that I will rely on the roommate's rent to be able to comfortably afford the mortgage a bit too much.

After reading some articles on BP, I have realized it would be much better to find a place that is much cheaper and needs some work so I can add value, yet still liveable for me. Anybody have any ideas as to what type of property I should look for and what platform I should use to look for the property?

Thanks.

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