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Updated almost 4 years ago on . Most recent reply
Bay area or Sacramento investment property
Hello, I'm a first time real estate investor. My husband and I own a house in San Jose and would like to buy an investment home. San Jose is way out of our price range. We are thinking around 400k max. Hoping for hold and sell in maybe 10+ years.
does anyone have suggestions of where in bay area or near Sacramento is good for renting? We are open to anything, just hoping to make money after appreciation. At least semi remodeled
thank you
Most Popular Reply
Hey Tracy!! Sacramento has a number of areas that can provide some cash flow , especially compared to the Bay Area property values Sac provides a lower barrier to entry. Some areas I always suggest are West Sac, Natomas, Elk Grove, Meadowview, Rancho Cordova, and Arden-Arcade. Non-Owner occupied rentals with 25% down can easily provide an investor with a decent cash flow in an appreciating market!
- DJ Dawson