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All Forum Posts by: Amit Saini

Amit Saini has started 3 posts and replied 61 times.

Post: Investment Property in Bay Area in Hayward

Amit SainiPosted
  • San Mateo, CA
  • Posts 61
  • Votes 30

Hi @Sandeep S. - your posts are very helpful, thank you very much.

I'm in a similar situation as @Romil S. and wanted to ask a few follow-on questions:

1. What criteria do you use to evaluate HOAs? Do you keep a target for monthly fee, reserves. %owner occupancy etc.?

2. On your cash-flow positive properties, what rate of interest do you aim for? I'm finding that the spread between ARM and 30-Fixed is not substantial on an investment property - would love to get your take. Would you mind sharing the interest rate for some recent deals?

3. Do you buy off MLS or off-market?

Huge thanks in advance - it's very kind of you to help fellow investors.

Amit