Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Reinvest profits, stay patient, and keep building toward replacing your income.

Basically, if I want to keep the loan the new rate is 7.375%.

It is a conventional loan that the bank keeps in their portfolio

i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough. 

Keep in mind that assessed value isn't market value most of the time . 

diversification and cash flowSan Jose, CA has been very appreciation heavy... and i'm not opposed to keeping some property here, though the multi-family / commercial real estate has very low cap rates, and low growth from what i'm seeing.

. $8k won't get you anything in a class B or A market with 20% down or even 10% down. keep going though!

For an investor that is looking to create wealth and keep doing what they are doing this is a great strategy.  

I will provide some thoughts on the San Diego purchase- virtually all high LTV mls purchases since rates started to hike have negative cash flow at purchase- historically great appreciation- historically great rent growth but recently flattening- prop 13 is great benefit for long holds- laws keep getting less LL friendly.