All Forum Posts by: Sunny Singh

@Stephanie P.

I had to look up the Self Sufficiency rule for 3 or 4 units (income from the 4 units should cover mortgage). And very good point Stephanie.

I plan on a conventional loan with 20% down.

@Michael J. Abel Agree with what you have to say Michael. Yes property's do cash flow if all 4 units rented out. I guess I can look at it as a long term game.

I am a new Investor and moving to Sacramento in 1 month and looking to purchase a 4plex/Fourplex. 

-Plan to live in 1 unit of the 4 Plex and house hack (Buy and Hold). Until I purchase my primary residence.

-Looking in high demand/rental area

I've run numbers on some properties and it seems difficult to generate positive cash flow. I would be happy to even just break even while living in one. What are your thoughts on the Sacramento Rental market? Does it make sense to look into a 5 Plus Multifamily which may generate profit but at the risk of higher interest rate and commercial loan?

I'd be interested in networking and connecting with someone local who knows the area well.