House Hacking in Midtown/Downtown Sacramento

[Richard Vaj]

Hi all,

Hopefully you guys can give me some insight into what I should do.

I'm new to real estate investment and was wondering how feasible it is to house hack in downtown/midtown Sacramento area. I know duplex are quite expensive in this location and I'm not really looking for good cash flow but more for appreciation over a 10 year span. I plan to live there for a few years 2-4 years and then move out and rent both units out. Currently working in the same area so it'll be a big plus for me as I can walk/bike to work. 

Between me and my wife we have zero debt, make ~200k and have 75k for down. I know renting out one unit and living in the other we'll still have to pay a portion of the mortgage. 

Currently renting and saving for a bigger down payment. But we're debating on purchasing a house or a multi-family property in the coming year or waiting for the market to cool. 

Any advise would be greatly appreciated.

[DJ Dawson]

Richard great game plan for you and your family, as an agent (and resident) here in Sacramento I can get behind your gameplay of appreciation over the long term, and while you may not cash flow early on..you can definitely reduce your expenses through house hacking and playing the long term game. I will send you my number in a message and lets talk further about your goals and what kind of properties you're looking for!