House Hacking Bay Area (3.5% down, owner occupied)
Hi everyone! I am trying to house hack (3.5% down, owner-occupied, rent other rooms) in the Bay Area (driving distance about an hour from Redwood City and SF). I have already been pre-qualified for a loan. I am debating between house hacking in the Bay Area for my first property or buying my first property out of state with the help of a property management company. I am looking to at least break even in California. I have a long term goal of building equity/appreciation. Does anyone have any advice as I am just starting out on my real estate investment journey. Thank you!
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Drew Sygit
Agent
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- Property Manager
- Royal Oak, MI
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@Adriana V Alvarado you'll learn more and have better control over a local house-hack versus an OOS rental.
Just be careful of the tenant-friendly climate in California.
- Drew Sygit
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- 248-209-6824
Logical Property Management
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