House Hacking in San Diego "Travel Nurse"

[Christian Domingo]

I'm looking to House Hack in San Diego and I was wondering if anyone can give me more information with purchasing my first home as a traveling nurse. I currently do not live in San Diego

Thank you for your time 

[Trevor J.]

@Christian Domingo 

Here's a super over-simplified road map I followed that will hopefully get you asking some more questions...

1) Figure out your financing situation - how much can you put down? What loan ceilings do you qualify for, both going the FHA route and the conventional route? Get pre-qualified from lenders around here.

2) What style of living are you comfortable with? Renting by the room, going for separate units (duplex, triplex), etc.?

3) What level of rehab (if any) are you comfortable with performing on your purchase?

4) How far are you willing to travel for your commute? 

Once you know the answer to the above, start looking on listing sites like Zillow and analyze properties using the BP calculator or make your own. You'll see trends, then it's up to you how much you want to pay out of pocket each month... don't expect to fully cash flow to start unless you are really far from the coast or putting down a heft down payment (probably, but don't quote me on it, >20% down).

Good luck!

-Trev