All Forum Posts by: Reyes Velasco

@Sanjeev Advani it was a triplex on Norris in olidale

@Paul Betancourt let’s connect I got my first property in Bakersfield this year

@Gene Hacker

Thats exactly what i heard as well, my friend told me when walmart opened their warehouse by shafter it help shafter jobs a lot.

So expecting amazon to help job market in Bakersfield. Also heard hiring is gonna ramp up in October. Thanks. I want to position a rental around the amazon warehouse.

@Vince Rodriguez thanks.

Have you noticed the amazon warehouse have any positive impact on the economy in Bakersfield?

@Vince Rodriguez

What's the Rents in Bakersfield, i noticed a lot under market?

@Lawrence Leung

Things are getting out of control. Smh

With interest rates hitting all time lows for 30 year loans.

Was wondering what everyone is getting or hearing for interest rates for investment properties. I am refinancing and getting a 3.7.

Bump

Hello have a couple of questions if i can help get the answer or suggestion on what to do.

I purchased A condo in long beach California, last year in June. I got a conventional loan owner occupied, as i was planning to move in.(i remodeled it and stayed about 2months)

I had a bit of relocation from work, so it is a inconvenience for me to stay in long beach now,(traffic).

My goal now is to rent it out now.

My question is, can i rent it out since i got a conventional loan owner occupied?

Or do i habe to wait a year before i can rent it?

My goal is to keep the condo as i want to eventually give it to my son when he goes to college, so i do not want to sell.

Financial i can afford to keep it . But seeing my options. Thank you

I been with fundrise for a year, so far no issues