They’re buying oceanfront on both coasts.  

The time to do the reverse is when people using low down payments (ie 5%) to buy it and loans that require you live in it. 

I have a property I am looking at in N. California. It is being offered by a wholesaler. I have never purchased through one so I am looking for any ideas, suggestions, tips, etc. Can you negotiate with them? The house...

You just buy for its value minus the assesment. 

@Kang-Li ChengI cannot comment on this specific company but we buy loans from similar companies (both performing and non performing) and I Can say the consistent component to these companies is they are horrible at underwriting and write loans to collect the points / fees but many of the loans we see we cannot believe they gave that person a loan.I am curious what types of returns they targeted as the invest in one asset model to me is very risky.

Because unlike other gurus out there, I am ACTUALLY buying loans.

@Anna DoumkinaIt’s going to be very challenging getting a lender to do one property with that low of a down payment - so start with 1 before trying to buy 5-10Section 8 properties also have a lot more maintenance so you will want to make sure to have adequate reserves as well

A higher Cap Rate indicates a higher return for the investor, but it might also signal higher risk if the market or property isn’t stable.

Our company has a few markets where you can buy property in which you have the possibility of getting a section 8 tenant.

As a result, properties are sitting on the market longer, signaling a slowdown.