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Updated over 10 years ago on . Most recent reply

User Stats

40
Posts
13
Votes
Leyla Simsek
  • Residential Real Estate Agent
  • Cincinnati, OH
13
Votes |
40
Posts

Investing in NorCal.

Leyla Simsek
  • Residential Real Estate Agent
  • Cincinnati, OH
Posted

Greetings,

I moved to California in 2013 from the good ol' (might I add, inexpensive) First State. My spouse and I are stationed here and may be here for a very long time. 

I'd like to see an opportunity in living in this expensive state. I'd also like to take advantage of our VA loan for our first investment.

It's just not making sense to me to invest in a multifamily unit (since we have to legally live in the property as well) in this area due to the cost of living and it may not bring cashflow.

Any investors in the area who have successfully "house-hacked"? I'd love any advice or input.

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