First time buyer in west LA

Hi all. First time buyer here looking for insight.

I am on the search for a detached fixer upper (edit: not quite fixer upper, but one that could use some work) SFR west of the 405 that I can scoop up for 1.1M or less. My primary objective is to get it in a decent area with walkability and away from freeways. My goal with the property is to owner occupy, fix it up as I go, and reduce my overhead by renting out rooms.

I have 250k+ available in down payment and show 200k+ in income. No debts. I've reached out to a broker for pre approval but in terms of my home search, does this sound doable? How do I find those off market properties that aren't the prettiest but are undervalued? Or the agents that have those types of listings?

Any advice is appreciated!

More real estate tips at Program Realty Wix site


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s