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Updated almost 4 years ago,
Are there cashflowing multifamily properties in Sacramento?
Hello! We are considering buying a multifamily property: duplex/triplex in Sacramento with 5% downpayment conventional loan. We are new to the area and are currently renting. So the plan is to live in one unit and rent out the other one. But I am also keeping in mind that if we decide to rent out both units in a couple of years, it should cashflow. Would this be even possible in Sacramento area on the current market ? In which areas? Also we have kids who will go to school in 1.5 years, so have to balance somehow financial side of it and better school areas. I would really appreciate any suggestions. Thank you!