All Forum Posts by: Michael Oziel

@Vaughn K. good advice, you pegged it, I currently work Georgetown and the commute north just looks too ugly for me. Pretty much anywhere I find a place is going to be a tough commute, but worth it for a few years to get closer to my financial goals. I do plan on starting with an SFR and do a house hack, and hopefully be able to repeat within 12-18 months. Thanks for your input.

@Phil Wells I have thought about looking across the state, I'm not knowledgable enough yet to have confidence to invest out of my area and don't have other financial resources set up yet, I really would like find a place in the Seattle area (does not have to be in Seattle but within 30 miles) so I can live in the property and create equity. 

There has been some great advice, all ideas I have considered. I think I need to focus on getting started with an SFR, @Michael Haas that is more along the line I thought I would start with, and eventually when I have more knowledge and experience move to Multi-Family. Thanks @John Barrett for your advice as well. I think a house hack ideally with a basement would allow me to live in it and create equity. Thanks to everyone who has posted and taking the time to read my 1st post. I plan to get more involved as I learn.

@Account Closed, those are definitely more affordable markets but I need to live in the Seattle Area. 

@Jared Boundy thanks for the advice, I am open to going outside of Seattle within a 25-30 mile radius, just not towards the north end. My goal is to get into multi family, but makes sense to start with a SFR and build equity.

I am currently renting and want to start investing, I have little cash and am in need of some direction. I live in Seattle, WA, and opportunities for a great deal are hard to come by, I've been looking at websites such as Realtor.com, Zillow, the MLS, etc...My ultimate goal is to get into multi-family properties. Unfortunately, I don't have a lot of funds to allocate to my mailings just yet, so I can only do a small batch maybe 100 at a time. I can only qualify to finance about a $300,000 property, and that is tough to find in the Seattle area for any property. So, I started looking at buying a list, does anyone have a good search criteria recommendation for finding multi-family duplex, or should I consider starting out with SFR and find a way to house hack instead? I'm not sure what is the best criteria is to get biggest bang for my buck, are mailers a good way to start? Any suggestions?