I am planning buy a domain name lets called it foobar.net
Home devices will similarly be added to network called foobar.net
I plan to run a certificate authority to issue certificates to these devices.
Can I get a certificate issued by a Trusted Root Certificate so that all the certificate I issued from my CA have a chain of trust up to a Trusted Root CA
no, you can't. The certificate you get from public CA won't allow you to sign other certificates. This is controlled by a Basic Constraints certificate extension.
isCA
bit will be set to 0 in your certificate, meaning, it is end entity certificate and it is not allowed to sign other certificates. More details, for example, in my blog post: https://www.pkisolutions.com/basic-constraints-certificate-extension/