Please let me know If I can help you get approved for your purchase.
Is there an area that you are interested in? I could show you some options.
We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (855) 415-5626.
Sr. Loan Officer
Crosscountry Mortgage Inc.
Toll Free: (855) 415-5626 ext. 5734
Rents are going up everywhere in San Diego so my rule has always been that if you are willing to live somewhere so will others.
just doing a quick search, your price range comes up around 252 listings (2 Bed 2 Baths).
East Village, North Park, and Mission Valley just to name a few.
Thank you very much.
Prime Time Realty
San Marcos might be your best bet at this time. Currently, I have 16 houses that meet your search criteria.
Do you need to have a signed rental agreement to show the income from the tenant in order to qualify for your loan?
There are many areas that could meet your ratio, however don't forget that you want to live there too, right? How familiar are you with San Diego and what area do you want to spend most your time in? I'm located in North County, SD and am more familiar with that area. Contact me if you need more specific advise.
I can tell you more about it offline if you are looking for someone you can trust and want to contact me.
Some questions you might want to ponder upon are; 1) Am I cut out to be a landlord, 2) Do I really want to be living with my tenants, 3) How much do I value my privacy most, 4) Can I live comfortably in these types of neighborhoods, 5) Would I and my family be safe in these types of neighborhoods, 6) Do I have money to fix up these places since most of them will be run down. Ask yourself a lot questions before you decide. Keep in mind that most of these types of homes are in very old communities and most are less desirable than others. MOST IMPORTANT OF ALL: DO NOT GET ANY LENDER TO OVER LEVERAGE YOU.