Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

19
Posts
22
Votes
Wenqian Guo
  • Investor
  • San Bruno, CA
22
Votes |
19
Posts

Investing in SF bayarea, California

Wenqian Guo
  • Investor
  • San Bruno, CA
Posted

Hi everyone,

I have just joined the form today hoping to learn more about real estate investment. My target location isn't the most ideal for starting out I think, I live in one of the most expensive cities in the US. I only have roughly 30k saved up in my bank account, the homes here cost more than a million..I'm debating if I should invest in cheaper areas. I'm pretty limited to choices, I have apply for FHA in bay area and have tenants to help pay mortgage. (It feels very risky, if I loose my job I might loose the house). The only other option I know of is buy property at cheaper places, but if I'm here how can I help my tenants? Do you guys have other recommendations? I'm very new to this area, any advice will be greatly appreciated. Thank you so much.

Loading replies...