With a 6-8 year timeline, I'd go with a 15 year mortgage or a 7-1 ARM as your timeline isn't expected to go much longer than 7 years.

Exceptions are generally granted for group homes so long as neighbors do not get up in arms.

Pre-foreclosurecode violations owners behind in water or tax billsrent courtvacant and or boarded up housesestatesDirect mail to any of the above, to absentee, or out of state ownersnon arms length transactionsnominal transfersBandit signs"we buy houses" adsNetworkingReal estate clubsAuctionsDriving for dollars is a good one.

A 30-year amort with a rate lock of 3.85% for the first 5 years then it becomes an ARM.

The definition of value is what a seller sells for and a buyer buys for in an open market in a non arms length transaction.

I have a girl that is willing to do a subject to do, but this one has an option arm.

More to the point, any lender these days is going to require the buyer and seller to sign an affidavit indicating the transaction is "arms length," meaning the the buyer and seller have no relationship outside of the transaction.This clearly isn't the case, so signing the affidavits would likely be considered fraud.

The current lender I am talking with stated they are only concerned about the income stream of the properties which is encouraging but I want to make sure I am moving in the right direction and taking full advantage of all opportunities because 30yrs fixed at 5% sounds much better than an ARM after 5yrs.Thank you for any feedback, this community is fantastic!

All transactions must be arms-length, meaning that there must not appear to be any relationship between buyer and seller.

I'd like it to be reasonably close (I'll be living in Marin county).Considering my limited capital, I'll need to start in lower end areas, at least by Bay Area standards, but I'd rather not have to bring an armed escort.Some options I'm considering are:OaklandVallejoSanta RosaNapa/SonomaVallejo in particular looks interesting.