Converting living room to bedroom in San Diego.ca

[Munqith Alhajjaj]

Hi everyone one, I live in San Diego, CA and was wondering if it's double to buy 2 bedroom condo in San Diego& convert the living room to bedroom & rent them by room. The location is near a university & a hospital so. The asking price 300k, Bank of America have special program that they will put 10k toward the downpayment and about 7.5k toward closing cost for 1st time buyers with up to 5% downpayment with no PMI. so this will mean I need to put only 5k in this deal. The goal is rent each room for 1k totaling 3k per month. Any thoughts?