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Investment Properties in Hayward : Real Estate Advice

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  • Local Info17
  • Home Buying124
  • Home Selling17
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Activity 4
Tue May 12, 2015
answered:
All 3 of you would need to go on the loan, because you cannot receive a gift for the down payment on an investment property. So as far as the interest rate goes, it would be based off the LOWEST of the credit scores between the 3 of you. Between you 3, you might want to draft up some sort of ownership agreement to specify who is entitle to what. Talk to a CPA or attorney for this. I believe this agreement could also dictate who is responsible for what and how all taxes would be split.

But even though everyone trusts one another you should still have a lawyer draw up an agreement. Better safe then sorry, because a lot of friendships and marriages are tested when there are large amounts of money involved.

Good luck!
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Mon Jan 12, 2015
trulia answered:
Expect to pay above $2000 for a single family home near chabot college, close to $3000 for a home near newer area like Eden Shores. There are smaller older apartments rents anywhere between $1000 - $2000.

As for buying as income property, generally the market place for a older single family home is around $450k, rents about $2000 - $2300.

Web Reference: We are professional home buyers here in hayward, http://www.aperturerealestate.com/

Hope that helps
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Mon Sep 29, 2014
michael.rosado7 asked:
Investors needed for closing wholesale deals. Access to many properties in New York and any other US state. Properties below Fair Market Value. Handyman Special deals. I work with motivated…
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Mon Jul 8, 2013
Randall Ortiz answered:
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