New Member Greater Boston
Hi Everyone,
I'm from the Greater Boston area and looking to purchase my first buy and hold investment property. My plan is to buy a multifamily that needs minimal work and live in one of the units. I'm hoping the rent from one unit ( or two ) will cover my unit.
The problem i am seeing, is that there aren't many multifamily properties on the market. The ones that are, happen to be 500-600k. Reading some of the articles on this site, it seems that most, if not all properties listed are not good deals. Where should i be looking, so that i can buy this property "right"? Many of you seem to have started this way - how did you find your deal?
Hoping to use an FHA loan to get into this property. Planning on seeing how much i qualify for shortly.