I agree with Antoine, it's very risky and not for the first time investor or first time home buyer.
You're better off working with a buyer's agent who will educate you and work with you on purchasing a home.
Best of luck,
You need to decide what you want and how much you can and want to pay for housing. Richmond Annex, Richmond View and then Richmond North & East are the preferable areas in that order. It all depends on what you want. You should sit down and interview a few agents and work with one whom you are comfortable with.
Terrence Jue... more
Sounds like we need to talk. There are so many loan options out there a lender really needs to see your entire financial picture to know what rate they can offer you.
From what you have mentioned above, yes, you should be able to get a loan.
One option is an FHA loans where you only need 3%-5% down. Plus don't forget you also need closing cost when you buy a home. :)
Once you know how much you qualify for, then you can see if there are homes in your price range you would be interested in buying.
You are asking really good questions and you sound like you would really like to buy a house. Hope to hear from you, you seem like a client I would be happy to work with. Buying a house doesn't have to be overwhelming. Hope I can help you navigate through the process. Take care.... more
Great answers below. I just wanted to add the link to the Art Murmur on the first Friday of every month. If you haven't attended, it's a great way to meet local artist and find out what part of Oakland they like best. The Saturday stroll was just added and a bit more low key. It might be the better day to have more in depth conversations with local artist. Best of luck!... more