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Updated over 2 years ago,

User Stats

15
Posts
11
Votes
Sam K.
  • Investor
  • San Diego
11
Votes |
15
Posts

House hacking in San Diego

Sam K.
  • Investor
  • San Diego
Posted

Idea is to get an outdated SFR or a multi-unit. Where I can add value either by renovating and adding more square footage or an ADU if it makes sense. Depending how outdated the property is, I'll either get a contractor or do some work myself.

  • Have a down payment of $150K
  • Can arrange for another $50K to $100K for rehab
  • Stay in one bedroom and rent out other bedrooms
  • Either add an ADU or square footage if it makes sense for the property
  • Idea is to live in this place for 2 -5 years top and then sell or rent it out

Question: 

Even if the San Diego market sees a correction in the next 6 months, is still worth to get a property and work on it, since I do have some have some extra time on my hands right now and can gain experience. 

How do I find real estate agent with an investment focus on this community?

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