BELOW MARKET RATE UNITS IN THE SAN FRANCISCO BAY AREA

[Andy M.]

Hi All,

I am currently a tenant in the SF bay area, and I am planning to buy a below market rate (BMR) one BR residential property or condo in the SF bay area (San Francisco, Daly city, San Bruno, South San Francisco, and up to Millbrae). 

There are pros and cons, good and bad, of buying a BMR unit. They make me nervous, especially the bad ones.

If you have any experiences in BMR units, would you please share with me your thoughts. 

Thank you in advance.

[Jen L.]

The only thing that makes it worthwhile to buy a house in the Bay Area is appreciation. If this is your primary home and you will stay there for a long time, it may be ok but I wouldn't touch it if I have other choices.