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Updated over 4 years ago,
Buying First Propert in Bay Area , CA
Hello all. Well at title suggests Me and my Fiance are looking to buy our first property here in the Bay Area . Are plan is still live in for 2-3 years with hopes of renting it out and buying something else. After the first rental property we hope to eventually get more a long the way and build our portfolio. Does this sound like a good plan?
The market we are looking in is Antioch, Brentwood, Oakley. Unfortunately are price range right now is in the 400s which is kind of hard to come by right now in this area but we may settle for something that needs upgrades and it'll be a starter home.
Does anyone have experience in this area buying real estate and is this a good plan to go about investing? I've also considered house hacking by buying a Duplex but there is very few options in this area. I would have to look in Sacremento or Modesto which would be an 1hr+ commute for me.
Thanks