Pushing closer to carmichael, fair oaks, Rocklin, Roseville and Citrus Heights.All are centrally locates and insane amount of development going on.

So, back to the original question, what strategies or approaches have BP members used for securing private money lending for a down payment (knowing refinance will produce ability to pull out that down payment in equity in a short amount of time, to pay off private lenders quickly)?

Budget amounts?

yea essentially that is whats going to happen...but term sheets are more deal specific.They will basically provide you with a pre-approval letter based up to a certain amount...just like a traditional home loan.  

As a buyer's agent I like having the knowledge that my client actually can get approved for the amount of money they have been told they qualify for.For commercial loans my clients use local banks live AVID Bank in Palo Alto or Comerica.For residential loans I like Bank of America right now. 

With the purchase price amount, your taxes will definitely increase.

In my mind that's a fools errand, since why do you want to buy what amounts to 28 SRFs in the first place?

Hey All,So the question for the day that I have is for all you Multi-Family owners what are some of the best systems you have in place right now that allows you the least amount of headaches, not having to physically be/check in at every property and general misuse of your time from tenants who like to call about the smallest of issues?

Hey All,So the question for the day that I have is for all you Multi-Family owners what are some of the best systems you have in place right now that allows you the least amount of headaches, not having to physically be/check in at every property and general misuse of your time from tenants who like to call about the smallest of issues? 

also original loan amount was 132,000 but with the foreclosure process fees they are asking for 145,000