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Updated over 4 years ago on . Most recent reply
Qualified for 2m loan what should I buy?
I recently qualified for a 2m loan with a 30y fixed rate of 2.8%. This seems like a good rate and I expect my income to go down in the future, so would like to take advantage of this now and (first time) buy real estate that might cashflow and/or appreciate.
Where/what would you recommend buying?
I’m lazy and dont want to be an active landlord. It also might be nice to live in whatever I buy and if so I prefer locations with nice weather peaceful and low crime. I live in the sf bay area and was informed 2m will be considered a starter home so seems like maybe I can get a better deal elsewhere in the country. Any ideas?
Most Popular Reply

- Investor
- Greenville, SC
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Real estate investing is not a lazy endeavor, particularly investing 2 million.