Is it possible to buy a duplex in Northern California for $100k?
Hello. Is there anywhere in northern California where I can find a duplex for $100k that does not need major repairs? I would consider an SFR, but it seems like multifamily properties have better opportunities for cash flow. I am a new investor (I own one duplex in North Highlands that I basically break even on every month) and I do not have a large down payment. I should be able to come up with $10k of my own money, plus $10k+ from another investor. I really would like to buy a property that has positive cash flow and avoid paying PMI. I live in Sacramento and I hope to find something that is not located too far away (no more that a 2 hour drive, hopefully). Any advice will be appreciated. Thanks.