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Looking to invest in Norfolk, Hampton Roads area
Hi all,
I'm looking to invest in the Norfolk, Hampton Roads area. I'm originally from Maryland (close to DC) and currently live here but willing to move to be local to Norfolk/Hampton Roads if necessary. I don't have that much cash and find that I'm priced out of my area. Looking to network to understand the market more. I'm looking to do a house hack and open to doing STR, mid-term or long-term rentals. I have some experience doing mid-term rentals. Also looking for ideas on financing since I have $25-30k for down payment but if I can do it with less, that would be ideal. Looking primarily for cash flow. What does the rental market look like for STR, mid-market and long-term? Can I cash flow with a house hack here? Would love to connect with agents and other people who are familiar with the house hack model in this area.
Thanks,
Michelle