Updated over 3 years ago on . Most recent reply
Trying to House hack small Multi-Family home in San Jose, CA area
Hi, my name is Brian Lee. I am just getting started with real estate investing so I would love to connect and learn.
So, I am looking for my first investment property. I am trying to house hack with small multi-family home. My goal of house hacking will be living for free, better if it can cash flow positive :). Please let me know if you have any recommending location or areas to avoid or properties that might be a good deal. I am looking more in southern part of the bay area, starting from Mountain View to lower side of the Bay Area (Sunnyvale, Santa Clara, San Jose). I am very open to any potentially good deals. Thank you!
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- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
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Gross rent in those areas will be pretty good. However,...net positive cashflow....not as much compared to the East Bay. Your forst step should be to get pre-approved with a lender. @Chris Mason can help you out with that.