I would say none,prices in san Francisco are hitting the peak,all 3 areas are about 800,000
as investment you need to get closer to the city bernel heights would be nicer to live but realtors might call it bernal heights but it might not be,3 areas are not that nice,house sales are going down,they are building 20,000 condos in the city.peole who cant afford to rent are moving out
sunset and Richmond get cold and fogey,if buying in sunset try buy near restaurants it can take an hour on muni to get downdown in all 3 areas your buying into a bubble,so if it bursts your under water... more
The Federal Housing Administration insures mortgages made by banks, so long as banks make these loan pursuant to their guidelines. This insurance component has traditionally allowed banks to make loans they otherwise might not due to risk aversion of some of the inherent characteristics (low down payment, credit challenges, etc.).
The borrower on an FHA loan pays an insurance component (MIP) with his/her mortgage payment to offset the cost of the bank's increased risk.
RPM makes FHA loans and if I can be of service to anyone who may have questions, feel free to get in touch.
I certainly can. When are you available to look at some? What size are you thinking of 2-4 unit, 5-15 units or 15+ units? It looks like you are wanting to look in Central Sunset, any other areas of San Francisco? It takes 24-48 notice to look at investment properties and generaly not on weekends Please call me, the sooner you call me ,the sooner I can start making arrangements,... more