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All Forum Posts by: Travis Knight

Travis Knight has started 7 posts and replied 12 times.

I was looking at MFH's in Texas where I'm from, because I can't afford a home where I live (San Francisco). Then I stumbled across FHA loans (silly I hadn't thought of this before).

So, instead of purchasing a MFH in Texas, I could potentially purchase a MFH in San Francisco, and live in one of the units. It wouldn't produce cash flow, but it should lower what I'm paying in rent (other tenants subsidizing my rent), while *hopefully* building some equity through appreciation.

Is this a crazy strategy? 

Post: I'm new!

Travis KnightPosted
  • Austin, TX
  • Posts 13
  • Votes 3

Hi,

I'm new to Bigger Pockets. I live in the Bay Area, but I'm no where near ready to buy out here. So, I'm looking at investing back home which is Central Texas. Primary Austin, San Antonio and the Hill Country, but I might look around Dallas some as well. 

My first thought is to look at multi-family homes - so I'm going to start digging in.

Travis