All Forum Posts by: J.R. St Julien

Imperial Beach has some that fit this criteria.  I can help with this search.  PM me if interested.

@Mj Mckinley, best thing for you to do (as many have said) is bird dog and work hard to find an off market flip deal. You are in an extremely aggressive flip market. If you can find a deal, you can make a small profit by partnering with someone that can execute on the deal. Outside of that, keep paying down you debt and saving to get you to the point where you can qualify for an FHA loan. Good luck!

I would recommend you include the amortized principle payment being made monthly into your analysis. I'm former military and I wish I would have bought a home in every duty station and then rented it out upon transfer. Cash flow in CA is not something you will find without putting any money down. But if you serve 20 years and buy a property in every duty station with the intent to rent it out upon your departure, you will be in a great place upon retirement. So the question is can you handle the expense on top of your other living expenses. If you decide to keep it, plan on a FHA or conventional loan in NC. Factor that in as well. I am willing to chat more if you would like. Feel free to PM me.

Sure will PM you.

Nice work.  Thanks for posting.

Traditional rent for a home like this in Mira Mesa should be approx $3000 - $3200 a month.  If you rent by the rooms typically go for $700-900 in this area.  So if you are renting 3 of the 4 rooms you can assume approx $2100 - $2700.  By the room rental situations are usually short term, so the turnover may be high - just something to think about.

@Coby Herzog I'm retired military and an agent in San Diego.  I would love to chat to share experiences.  I can make some recommendations to you as well based on my experiences.  PM me if you would like to connect.

-JR

@Keeya WangJones I would be interested in helping you find that San Diego buy and hold deal you are looking for.  Please PM me if you are interested.

@Thomas Hopkins  properly tagging you so you will see my response

Hello all.  I'm a Navy Veteran and Active Investor Friendly Realtor in San Diego.  The market here is very competitive but if you are seriously looking for either flip or rental properties in San Diego, I would love to help.  PM me if interested.