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Updated over 7 years ago,
Where to invest? Portland or Oakland ?
Hello Everyone,
First time investor and first time posting on bigger pockets. Im an investor from Oakland CA. Looking both in my area and out of state. Im looking to find deals on buy and hold multi family/ sfr with in law unit properties that will be cashflow positive after rehab. Ive been searching in Oakland for a bit now. I know deals are out there but not for a non cash heavy buyer such as myself. Its hard to be competitive with financing in my market. Ill be using a HELOC from my first home to make the purchase. Ive also looked in Portland because I love the area and its a lot less competitive. I'm just wondering about the actual prospective forecast of the market in Portland as I'm unfamiliar with the area a point in the right direction as far as neighborhoods to concentrate on. Investors and professionals in the area, you're expertise/input is graciously accepted.
Thank You