New Member from the Bay Area, CA
Hi, my name is Hector, originally from South Florida but currently reside in Northern California because it's one of the best places to work as an RN. I own a home in Miami, and I'm currently in the process of closing on a condo in Homestead (an hour south of Miami.)
I'm eager to invest in my 3rd deal, and mostly interested in multifamily units.
The way I see it, I have two good options, either invest in the Midwest, I like Cleveland (for MFH) or Indianapolis (for SFH), or purchase a multifamily property somewhere in Norcal and relocating there for a year (Sacramento or Stockton, or possibly Fresno) using an FHA 3.5% loan.
Ultimate goal is to buy and hold to supplement my retirement and I'm very glad to have found this community to learn and study from. Thank you!
Most Popular Reply
@Hector Peralta Indianapolis is a great market for SFH but I would generally avoid it (with some exceptions for MF). If you're looking for MF, Kansas City is good. Feel free to reach out if you'd like more insight.