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Updated 10 months ago, 03/14/2024

User Stats

13
Posts
12
Votes
Hyeonji Oh
  • Bay area in CA
12
Votes |
13
Posts

Multi family cash flow in San Jose

Hyeonji Oh
  • Bay area in CA
Posted

Hello,

I am reading a Multi-family millionaire book right now, I am curious if it is possible to make cash flow in San Jose by living in a multi-family unit and renting out another. It is ideal to build up an asset as the book says but the house prince is insane in San Jose!

Currently, I live in San Jose and work in Silicon Valley. I don't have a primary home or investment property. If househacking is possible I would rather buy my primary house using a low down payment for first-home buyers than invest in other properties in Sacramento, Modesto, Fresno, etc. Any advice is welcome! I feel I am lost and don't know what I should do. 

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