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All Forum Posts by: Chan Kim

Chan Kim has started 1 posts and replied 2 times.

I'm trying to get as many doors as possible with about $700k in cash. I could pull more capital if needed, but it seems like I can only get couple doors in Roseville/Rocklin area with that much cash since it would require 35% down to get to -$2-300 a month cashflow properites. I'm a new investor so I may be looking at this incorrectly. Based on what I have been working on, burying that much cash into couple properties is little worriesome to me. I'm certainly open for other opinions. 

Debating between Fresno or Roseville area to invest in. Based on what I can see so far, price is abotu $50-100k higher in Roseville area than Fresno/Clovis. I like Roseville personally to live in, but I'm finding that the Mello Roos kills me. I'm not even looking for properties that cashflow. I'm just wanting to get something that will be negative $2-300 a month banking on that I can last enough for that to reverse. Anybody have any thoughts on this topic?