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Updated 12 months ago on . Most recent reply

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Namal Burman
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Multi-Family Investment or Buy another rental in San diego!!

Namal Burman
Posted

If i am interested in Multi Family purchase let say in next couple of years in San Diego. How should i prepare? I have 2 rentals( one condo in Mira Mesa purchased in 2009, one townhome in Del Sur purchased in 2013 both are +ve Cash flow) and have a primary home purchased in 2021. Now want to purchase another one and was thinking whether to buy a multi family or another rental property?  What should i keep in mind? Any guidance?

regards,

namal

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Melanie P.
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  • Rental Property Investor
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Melanie P.
Pro Member
  • Rental Property Investor
Replied

How would your current primary do as a rental? You've been there since 2021 so you can keep your cheap financing and get new primary-residence financing on your next deal. If you wish you amplify the effect of this San Diego does have upscale duplexes which would give you another rental...

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