All Forum Posts by: Jun Yang

I am glad to have generated such a healthy dialogue/debate.  

I share the same sentiment as many of you, specifically @Henry LiChi.  The current market in the Bay Area is just absolutely insane, especially for a novice without the aptitude like me.  I clearly understand that the area is flushed with wealth, but I just can't imagine how this is sustainable.  $1M really gets very little and I keep escalating my price point in the hunt for some real returns.  More importantly, I don't have a desire to jump into a market where just about everything is going 20-50% above asking, even though my plan is to buy and hold.

I even got shut out in Sacramento after generating an all cash offer.  

So...I'll be just on the sidelines observing for now.

I understand that this is a rather vague question since there are numerous variables. However, I am definitely interested in hearing some ideas, whether traditional SFR, duplexes, or even far fetched ones.

2 constants; 1) not to be a primary residence, 2) $1 million as in 300k cash and rest in loans.

Thanks in advance for your input.