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Investment Properties in San Jose : Real Estate Advice

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  • Local Info145
  • Home Buying887
  • Home Selling131
  • Market Conditions32

Activity 16
Mon Jul 10, 2017
Paulshahbazi asked:
Fri Dec 16, 2016
Robert.martinez55 asked:
Tue Aug 30, 2016
It sounds like you are referring to lending guidelines, and it is the lending guidelines of the lender that you have contacted. Many lenders do have this guideline, there are many that do not have this rule.

Though they all do want to source the money to be sure it is not drug money. If it were to turnout that it was drug money the government could seize the property and nullify the lien on the loan. So we just need to show where the money came from. I have seen the government confiscated properties this way, and had heard that they overturned this rule. I am not sure they have.

Also they want to be sure you did not borrow the money, and then owe a payment to another party, which would make you not fit into their lending guidelines.

I am a broker and have access to hundreds of lenders, give me a call at 714-968-2500 and maybe we can put this loan together for you.

License # 284206
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0 votes 1 answer Share Flag
Mon Aug 1, 2016
Arpad Racz answered:

I would recommend pulling up the zip codes for both Milpitas and the Berryessa area of San Jose here on Trulia and also on Zillow to see what the trends are. If they are both ok for you, then given our relatively low inventory you can look in both, and go with whichever one produces a good deal first. You can email me for more specifics. Are you looking for fixer uppers?

All the best,

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0 votes 3 answers Share Flag
Sat Jul 16, 2016
Arpad Racz answered:

You can check with Old Republic to see if they can handle your situation.

Kind regards,

0 votes 1 answer Share Flag
Wed Jun 29, 2016
Ruth and Perry Mistry answered:
$250 - $300 a sqaure foot.

Hence that comes to $500K to $600K.

Best regards
0 votes 1 answer Share Flag
Sun Apr 10, 2016
Sf Bay asked:
Where can I find out the rental market value in my neighborhood? Is there such database trulia maintains?
0 votes 0 Answers Share Flag
Tue May 19, 2015
Arpad Racz answered:
Hi Nick,

Please email me from my profile, and we can discuss the specific criteria.

Kind regards,

0 votes 1 answer Share Flag
Tue Jan 20, 2015
Arpad Racz answered:

Our local MLS has these from time to time. Please email me with what you are looking for.

Kind regards,

0 votes 2 answers Share Flag
Fri Aug 8, 2014
Ruth and Perry Mistry answered:
Hello Valley Buyer from Stockton:

Congrats on your purchase, or previous rental.

Give me a call.

Coldwell Banker.

0 votes 2 answers Share Flag
Wed Jul 23, 2014
Sam Shueh answered:
four o-eight 425-1601
Keller Wms Cupertino Realty
0 votes 2 answers Share Flag
Sat Apr 5, 2014
In the State of California, If you're married and wanted to buy an investment property under your name a lender we will NOT fund the loan unless you have a quit claim deed from your husband. ... more
0 votes 5 answers Share Flag
Thu Nov 21, 2013
Bahia Fear answered:
Hi Suresh,

Connecting with an agent to help you develop a strategy and provide you with options is important. Real estate can be a great investment with high returns but can come with high risks. It is important to work with someone that understands the process and will help educate you though each step. I know this from personal experience as an agent and investor.

Feel free to reach out to me anytime. I'm more than happy to share my experience and provide additional resources.

Bahia Fear 408-391-6722
CA BRE 01929938
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0 votes 13 answers Share Flag
Sun Oct 21, 2012
Bay_area_ll answered:
This is 100% the reason why I dont look at condos. Not enough flexibility if you decide you need to move and rent the place out.
0 votes 14 answers Share Flag
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