New Member from Bay Area

[Puneet Sharma]

Hi, I am looking to get started in investing in small multifamily units in Sacramento

[Puneet Sharma]

Hi, I am in the Bay area and have found it very difficult to find properties which would cash flow positive or at least break even - for 5 units plus, with 30% down. For getting commercial loans it seems will have to out 40-50% down, which does not make sense to me. Looking at areas around the Bay area, Sacramento stood out as reasonably prices properties which cash flow positive, have some stability because of proximity to SF and government offices. Not sure about current prices as last 2 years seem inflated - so probably want to wait 6-9 months then buy. If find a good multifamily 5 unit - might buy this winter as well just to get to know the market