Hello,A job relocation to San Francisco CA early this year is making me ponder if I should be selling my owner occupied duplex in Jersey City and buy something in Berkeley CA due to its proximity to San Francisco and has some fairly decent schools  for my kids and also UC Berkeley .The low  2.5% interest rate on the Jersey City property turned into a golden chain but I think I am done with managing tenants and property and would like to get more into an Equity play.

I tried to look up your post you mentioned but you have so many threads here I wasn't sure which you were directing me to.anyway, I am in contact with a surveyor.. but waiting to sign the purchase agreement before I get the ball rolling. this property is in city limits and have been on contact with the planner. the 5 lots are within their parameters, this will have to be on city water and sewer.

Little changes at every corner will snow ball into more money in your pocket.  30 cents here, 50 cents there and so forth will add up quick.So will the American people tackle their increased debts or will they say " hey I can afford the monthly payment now".  

However, if you need a few suggestions with where to start, the following list should get the ball rolling:CraigslistThere are many ways to use Craigslist to find cash buyers.

Bottom line, I highly encourage everyone to carry something: firearm, knife, ball point pen, etc.  

What a process but it feels good to get the ball rolling!

It may be a difficult game to get into in 20 years, yet many will find a way and the cycle will continue, so long as the US is still standing.Ultimately, none of us has a crystal ball, we can only look at history.Conversations like these have been going on since the dawn of man and will continue. 

If you're getting back into the lending game for long-term hold investors, a realistic “ideal” loan might look like this:Rates: Somewhere around 6-8% interest, depending on the risk profile of the borrower and the property.LTV: 70-80% LTV is solid, especially if you're aiming for lower risk.Term: 5-10 years works for LTR investors who want stability.Fees: Reasonable origination fee (1-2%) is expected, but avoid nickel-and-diming borrowers with hidden fees.Prepayment: A soft prepayment penalty could be fair if paid off in the first couple of years, but after that, no penalties.Speed: Being able to close quickly (within a couple of weeks) would be a huge plus.In short, give investors a competitive rate, decent terms, and flexibility on prepayment, and you’re golden.

If you don't have a point of contact at PadSplit, I'd be happy to connect you with one so you can get the ball rolling ASAP. 

Beverly, grow some balls.