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Updated over 1 year ago on . Most recent reply

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Joseph McElmeel
  • Investor
3
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Starting my journey

Joseph McElmeel
  • Investor
Posted

Hi all!

Excited to get started as I begin looking for my first property. Ideally looking for a 4-plex in Austin, Los Angeles, or Seattle (places where I'm able to work with my job). I'd like to use 3.5% down with an FHA loan. Any experts in those markets, please reach out!

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Bradley Buxton
  • Real Estate Agent
  • Nevada
646
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925
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Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

@Joseph McElmeel

All 3 markets have different pros and cons.  How long will you be living in each market?  Are there markets outside of those city centers that you can live?  What other dimensions of your life to you want to have and what you are willing to sacrifice for the next X number of months while you live there?  There are good investments to house hack in each of those locations. Austin has seen some decreases in rents as supply has surged, CA and WA have complicated landlord laws. CA has some really good weather.  Are there other family considerations to be in one city or another?

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