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Updated about 4 years ago on . Most recent reply
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Starting things off small
Hello everyone, I am looking to startup investing in the Stockton, Manteca, and Tracy California area. I have a bit of money to play with and I am looking at a traditional way of investing example:
I finance a house a traditional way, somewhat in bad shape, rehab, rent and refinance. Is there something I would be doing wrong? I just don't have money to buy a house and do the BRRR method which I would like to do.
Any insight or advice would be greatly appreciated and if any realtors/lenders around this area feel free to reach out to me.
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If you are on a budget and are looking for cash flow and decent appreciation and a solid tenant base... check out Yuba City. There is a hospital, junior college, mall, etc. Its the shopping hub for the all those little towns between Sacramento and Redding. You can get a $200,000 home that will rent for $1500+. I still much prefer Sacramento but I would take YC over Stockton.