New Investor looking to move to LA
Hi guys,
I am a relatively new investor and thinking about moving to socal for a change in location and I would like to connect with some realtors and like minded investors to see what my options are in terms of purchasing and househacking in the los angeles area. My plan is to first purchase the property (preferably Multi-family with FHA loan) and have it all rented out with either a room or preferably a unit vacant for me to use when I move down. Would love to hear your opinions, pros and cons, if this is doable (multi with an FHA loan). Also what would you guys say the average ball park on the starting capital needed be.