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Updated about 5 years ago,
House hacking in souther CA
New to investing and looking to buy my first house hack preferably by the end of this year (at least that’s the goal). I’ve been analyzing a few deals a week and I am finding very difficult to find a deal that is CF positive after paying down the loan. Even with me paying myself the rent at market price it would still require additional funds.
Is this normal for the southern CA market? I’m in the Long Beach, Costa Mesa, and Huntington Beach area.