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Updated over 6 years ago,
first time cash flow 2nd home investment idea
New to this forum and hopefully find some useful advice and info.
I wanted to use my home equity to purchase a 2nd home/apartment for cash flow. I need some advice where in the SF bay area where I can start to look for that 2nd home. My home value in the 1.2 million while I still owe the bank 250k. I was looking into Sacramento area, but not sure how the rental market is out there yet? any city i should look for as a beginner?
Thanks
Kevin.