Hello! I am looking to buy my first house hack in March 2020. I currently live in Sacramento California and I am looking to purchase in that area as well.
I have a little bit of real estate experience from being a realtor in Texas but I focused on residential rentals as well as apartment referrals.
I am in search of a realtor in the Sacramento area, or anyone that could give me some useful tips or general advice.
Thanks in advance! ￼￼
Hi Hakeem -
We moved to Sacramento Metro rented in Davis initially and bought a value-add in Elk Grove at the end 2015. I also work downtown near the Golden 1 arena and did a decent amount of research when we were deciding whether to invest locally or NLR. A lot is happening here: the new Soccer stadium/Kaiser facility downtown, Centene Health Insurance office campus in Natomas, the consolidated Blue Bottle roasting facility in West Sac, etc. Do you have an specific criteria related to what you're looking for (ie a job you want to be close to, preferred commuting distance, general price range, etc)? If so, let me know. I might be able provide some insight. My husband is also a realtor that'd be happy to answer any questions, even if you aren't working with him directly.
Something else you may want to look into is the Neighborhood works programs (https://www.nwsac.org/). I don't have any direct experience with them but other people on BP have recommended it. It's based on income level. My understanding is that they have some options that assist with the down payment and closing costs.
@Hakeem Regis welcome to Sac!!!!! I am a full time flipper and real estate agent here in Sacramento so I believe I have a nice bead on the market and can give you specifics on what neighborhoods I feel are on the come up here in the Sacramento area!! lets talk!!
@Hakeem Regis get familiar with the new ADU laws.
@Hakeem Regis Get preapproved with a lender,....buy a duplex to house hack, refi out of it when you have enough equity to buy another place, repeat.
@Jean Marx Thank you for all the info! I will reach out!
@DJ Dawson Thank you! I appreciate that! I still am trying to figure out areas but I will reach out for sure!
@Pavan Sandhu I am unfamiliar with that, but I will look into it ASAP. Thanks!
@Brian Garlington Will do!! Thank you!