New Member from the Bay Area, CA

[Hector Peralta]

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! 

[Mike D'Arrigo]

@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.