We still need to crunch some numbers, but we s/b able to put down enough to ensure at least break-even cash flow monthly. We won't consider any investment requiring a JUMBO loan.
Quote:
Originally Posted by kstarnes
I think SoMa is a great market and prices will at the minimum stay firm and you'll most likely see respectable appreciation in the years ahead, IMHO.
Just my opinion based upon some personal commercial RE history in the SoMa area and my feelings that San Francisco's limited physical space and difficult approval and permitting processes, which drastically limit new development, will keep supply tight.
|
Kinda what we have in mind. I'd never consider shared housing as an investment in the suburbs.
Yeah, it's tiny. We believe there are those who are willing to sacrifice space for an opportunity to live in the heart of SoMa.