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Updated 11 days ago, 11/07/2024

User Stats

40
Posts
10
Votes
Sateesh Kumar
10
Votes |
40
Posts

Repositioning Equity from Jersey City NJ to Berkeley CA

Sateesh Kumar
Posted

Hello,

A job relocation to San Francisco CA early this year is making me ponder if I should be selling my owner occupied duplex in Jersey City and buy something in Berkeley CA due to its proximity to San Francisco and has some fairly decent schools  for my kids and also UC Berkeley .

The low  2.5% interest rate on the Jersey City property turned into a golden chain but I think I am done with managing tenants and property and would like to get more into an Equity play. Kindly provide your input what would be the best place in the CA Bay Area to reposition my equity up to 700k? I am also open to other areas like Dublin, San Jose.

Thanks

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