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Updated over 9 years ago on . Most recent reply

User Stats

8
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0
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Ryan F.
  • Investor
  • San Diego, CA
0
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8
Posts

First Rental Property in San Diego, CA

Ryan F.
  • Investor
  • San Diego, CA
Posted

Hi All,

New to the site. I just closed on my first rental property. We currently own our primary residence and decided it was time to buy a rental. A bit scary in San Diego because of the price of property.

I found this site last night and already want to buy my next rental. Price range in the area that I like for rentals in San Diego is $300-400k.

What would be you'll advice on buying one a year with 25% down since I like buying detached 2 units to mitigate my risks?

I was thinking refi, but after reading some of these post it may be better not to use that technique? Thoughts? 

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