Newbie from San Diego, CA
Hello all.
I am a newbie to real estate from San Diego, CA. In fact, to property in general. Long story short, I am simply looking for a place to live at this point and i was thinking of renting however i could not fathom the amount of lost income for something that eventually would not be mine. I want to buy and invest income into property while i live in it and eventually sell or rent it out when i seek another property. I want to start small, maybe invest in a condo or otherwise. Is this a feasible start? If not what would be the best recommendation. I have saved up about 10 k to play with but that isn't very much. I am 25 and don't have too much money to play with. What would be the best or smartest option.
Other than investing in my first home to live in, I do want to absorb much information about investing in property in general. I love the concept of flipping but it seems like you have to have a great amount of cash flow to begin with. Also, San Diego is pretty pricey!
Otherwise I hope to learn a great deal!
Thanks