Unless you are putting 20% down there is not much difference between 5%, 10% or 15% in rates.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

And keep in mind; getting sold and getting informed are 2 very different things.

We do have cash available, but with a large amount of equity in our primary residence, we wanted to avoid tapping into that cash to instead take advantage of our equity.

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

Buying a home is the bay area retirement planYes, there are a lot details and differences for everyone's particular situation.

While this doesn’t apply to investment properties, it’s useful for primary residence or house-hacking strategies.3.60-Day Rollover Rule: You can withdraw funds from your IRA and avoid penalties as long as you return the money within 60 days.

We were able to get into it with a 5% down primary residence loan.

@Edgar Duarte Selling now under the primary residence exclusion avoids capital gains taxes, allowing you to reinvest the $500K equity in diversified assets like index funds or additional rental properties.