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Updated over 7 years ago,
San Jose Area looking into investing in around CA or IN
Hi,
my name is Claude, I'm 32 and about 8 months ago I graduated with a master degree. I 'm currently working in SV as an Email Campaign Specialist and slowly gaining stability. I already owed an SFH in Florida which provides me a cash flow. However, I think I'm ready to look into preparing my retirement plan(jk or not). I'm looking into 3-4 units MFH to start as my next investment. I got two opportunities in terms of starting capital:
1. My house equity for an HEL or HELOC (I need to learn more about these two to see which one is best for my situation)
2. Cash capital $50000-$70000
Now the complex part:
- I can use both or either approach. (If you have suggestion plz let me know)
- I have a dream! Of buying an MFH in Cali, but I think it is high above all hope. (From SF to SJ it needs some serious money). I look over few cities such Fresno, Sacramento, Stockton etc... If you have invested in those areas I'll love to learn or hear more about your journey!
- Last Indianapolis because of Salesforce. I lived in Indy, and I know for a fact the city is growing well due to the arising Tech companies. I'm scouting around the city for an opportunity, but I don't find any MFH deals. (If you have invested here this would interest me too)
- Last but not least: I'm trying to learn, read, and grow my real-estate network. If you don't mine to spare some "Tips or Tricks" for a newbie like me. It'll enlighten me!
Thanks,
Claude