Newbie - what cities do you invest in?

[Hang Chan]

Hello all, I'm a newbie and will start investing in the next 12 months.  What cities are you guys investing in and why?  Thank you, Hang

[Matthew Kwan]

HI Hang, it depends what are you targetting. Do you value more on cash flow or appreciation or both? Are you preapproved? Sometimes lender only approves the loan amount on what the borrower wants. As you should always be aware what your max borrowing and purchasing power (depending how much down payment you are putting) Typically, lenders will lend up to 45%-50% of your gross active income. The actives incomes could be rentals, W2, business income, stock dividends, and more.

@Albert Bui @Carlos Valencia