House Hacking Summer Special

Close a House Hacking Multifamily by September 1, get a $1,500 credit !

To qualify, the property must:

  1. Be located in the SF Bay Area

  2. Be an owner-occupied, legally permitted 2-4 building (no Single Family)

  3. Close escrow by 5PM on September 1, 2019

Subject to lender approval and minimum commissions. Buyer’s agent fee subject to change. Minimum buyer’s agent commission of 1% of list price or $6,500 (whichever is greater) required before deal is eligible for the credit when available.

House Hacking 101

House Hacking 101

Househacking is purchasing a 2-4 unit building as your first home. You live in one unit, and rent out the others, allowing you to pay less mortgage each month. Here are three main advantages of HouseHacking:

  1. You get to purchase an investment property, while taking advantage of the lower interest rates and lower down payment requirements enjoyed by homeowners,

  2. you get additional purchasing power, and

  3. you hedge risk by having rental income pay the mortgage.

Read More

Mortgage Note Investing 101

Mortgage Note Investing 101

In this article, we’ll explore at a high-level what exactly it means to invest in mortgage notes.

We are familiar with a traditional mortgage in which a lender–often a bank or large financial institution–issues a promissory note in which the borrower promises in writing to pay a sum of money to the other upon an agreed schedule. In exchange the lender issues the money that purchases the property, which acts as security for the loan. In the event of default, the lender may take possession of the property. Essentially, when you invest in mortgage notes, you play the role of the lender.

Read More

Bay Area Rental Investing: Dead and Gone? (2 of 2)

Bay Area Rental Investing: Dead and Gone? (2 of 2)

In the second article of a two part series, imagine you need to invest in a property RIGHT NOW! Maybe you’re coming out of a 1031 exchange, maybe it’s for other tax purposes, OR maybe it’s because you have $500k burning a hole in your pocket – whatever. Right now, does it make good economic sense to buy an investment property in the East Bay? Or does it make more sense to start looking elsewhere?

Read More

Bay Area Rental Investing: Dead and Gone? (1 of 2)

Bay Area Rental Investing: Dead and Gone? (1 of 2)

In the first article of a two part series, imagine you need to invest in a property RIGHT NOW! Maybe you’re coming out of a 1031 exchange, maybe it’s for other tax purposes, OR maybe it’s because you have $500k burning a hole in your pocket – whatever. Right now, does it make good economic sense to buy an investment property in the East Bay? Or does it make more sense to start looking elsewhere?

Read More