Looking for input on how best to move forward. We live in Southern CA where everything is expensive. Our condo is currently in escrow and we live in a house rental. When the condo sells we will have about $80k
Is it better to buy and live in a entry level little home with a 15% down (hold for a few years then move up or keep as rental) or continue renting and invest that money in rentals in a lower cost area? My wife’s family live in Pittsburgh, PA so it would probably be there. Can buy a few units with $80k down. Possibly cash flow $1k+ a month.
Thoughts?
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/dphjuy/where_to_invest/
Comments
Post a Comment