New investor looking for MFR in the Bay Area

[Wayne Brady]

Hello!

I'm looking to get into MFR (4 units) investing, whether here in the Bay Area (preferred) or out of state. I'm hoping it would be in the Bay Area since I can rehab myself, but I don't believe I can find anything here that cashflows. What are your guy's thoughts on this?

Thanks!

[Arlen Chou]

@Wayne Brady there are many posts about this topic, but the summery is that cash flow does exit in the Bay Area.  Remember that cash flow is a function of how much you want to put down on the purchase.  It is also a function of the rents that you can generate from the property.  If you are thinking that you can do a 20% down with no strategy to increase rents, then you will never find a deal here.  But if you get creative, based upon your strengths, then cash flow and appreciation is 100% possible in this market.