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Updated almost 4 years ago on . Most recent reply

User Stats

27
Posts
15
Votes
Shefali Golvelker
  • Homeowner
  • Buena Park, CA
15
Votes |
27
Posts

Looking to buy our 3rd home

Shefali Golvelker
  • Homeowner
  • Buena Park, CA
Posted

Hello All,

We are buying our 3rd home in OC/LB area. We have one property in Los Alamitos and other one in Buena Park, one fetches great rent and we don’t expect any issues renting other one out too. We make 1000$ on top of our mortgage payment and property taxes on our first property. For second home we are expecting to make 700-800 too. Now we are looking to get medium sized home in east Long Beach area. Around 900k. Is this a good strategy to use that income to make third house affordable?

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