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Updated almost 4 years ago,

User Stats

7
Posts
2
Votes
Shopitha Kumar
2
Votes |
7
Posts

Eviction moratorium affecting multi family home

Shopitha Kumar
Posted

I am a first time home buyer and I am looking at 4 plex in Bay Area that are between $1.5 to $1.6M . I am planning to live in one and rent the rest . I am worried about the eviction and rent moratorium in place in California. Let's say 2 of the 4 house has month to month lease and the tenant work is affected covid-19 . How would eviction moratorium affect me ? Would this still be a good buy considering the lower APR (2.25%) and if I can manage for 6 months?

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