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Investment Properties in Temecula : Real Estate Advice

  • All619
  • Local Info39
  • Home Buying253
  • Home Selling17
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Activity 4
Thu Dec 31, 2015
Arpad Racz answered:

I would have a local agent come out to the property and go over a list of upgrades that would make it most marketable.

Kind regards,

0 votes 1 answer Share Flag
Wed Mar 4, 2015
Julie Falen answered:
Hi Miss Lizzy - absolutely you can pull equity out to acquire a 2nd property for rental. If you use a subprime lender you do not have to worry quite as much about qualifying for 2 mortgages at once as one can be paid for by the rent, and also you can use a stated income loan. It is all about leverage.

As for fiding a good investment property i recommend you find a CIAS certified agent who specializes in guiding folks thru investment properties and the language and terms and specifics.
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Thu Oct 24, 2013
Patrick Borin answered:
De Luz currently has some excellent opportunities. I would ask you questions such as acreage desired? No home, existing home, build to suit home? What type of revenue do you anticipate for your investment? ect...

Patrick Borin - Realtor
Realty ONE Group Southwest
Cell- 951-704-3216
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Sat Sep 28, 2013
Brian Nguyen answered:
Have you considered financing yet for this new property? Buying a second property can be much different then buying your first home. Usually a higher down payment and interest may be required for your second prepared so be prepared for that. Luckily, I have had a lot of experience of giving out loans for second properties. I am based out of California and have done of loans throughout the state. I recommend speaking with a lender like myself that would be more than willing to speak with you! So if you any more questions or need a loan, feel free to contact me. Good Luck! Brian Nguyen Sr. Mortgage Banker NMLS # 659743 Phone: 949.667.2887 ... more
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