We have artificially inflated prices, in most of the areas with cash sales to out-of-state folks, or local cash buyers.

Account Closed I used to work with this guy - http://www.cornerstonemortgage.com/DaveBrown/Has a pretty deep finance background, very intelligent, one of the largest mortgage lenders in the US. 

Wish I was intelligent as you back when I was 18!

Ohh MSOOTKAUG I have no intelligence to do SEO.GOOD!!

As soon as you find someone local to you that can speak intelligently on the subject, boom your interest rate just dropped to a primary residence interest rate (assuming you + wife income qualifies you without needing to count rental income).

Reach out to appraisers and bankers; you'll get an intelligent answer with little to no experience to back up the numbers.  

It is Rule as in Rule of Thumb, which is a quick way to check a deal in 2 seconds to see if it is close to anything you want to see.Every investor uses % to make intelligent decisions.

The truth is the average family can not handle the financial risk of a $1.5m investment even though it is a good investment (largely because the Bay Area artificially restricts supply). 

Markets can’t stabilize and recover until they stop trying to artificially hold them up in a myriad of ways.

I know that there are many hard working intelligent agents.