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All Forum Posts by: Tammy Ly

Tammy Ly has started 5 posts and replied 13 times.

@Anthony Barbato Thanks so much for your insight. Currently, I live in Concord. I have looked into the Concord, Martinex, Pleasant Hill (Walnut Creek, Danville are too high), even Antioch, these areas are hardly generate possive cash flow. The purchasing price around here doesn't make sense to the 1% or 2% rules. 

@Kent Chu Thank you. Oakland area is qutie rough. I am looking at Contra Costa area. 

Hi, I am a newbie here. After I have been researching and reading a few books on RE investment, I have refined my strategy would be house hacking fourplexes with FHA loan. However, looking at the price in the San Francisco Bay Area, the number not even close to acceptable (it is way too far from a Home Run number).

If investing in a distant area with the right number, then house hacking would not be an option. Any advice will be highly appreciated! 

Using FHA Loan will require the Mortage Insurance, in the long-run that means more expensive than the Conventional Loan?

Thanks a lot!