The tenant is wanting to purchase the property with seller finance/owner carry terms instead of finding lending to purchase outright.What type of interest rate, percent down payment, refundable or non-refundable, terms of loan, balloon term, etc would you recommend?

The guidelines, which can also be found in the text here, are:i. a rent freeze;ii. just-cause evictions;iii. mandatory documentation with any just-cause eviction;iv. no source of income discrimination;v. coordination with local housing authorities to make new vacancies eligibleto voucher holders;vi. provision of 10 percent equity to tenants; and,vii. no admissions restrictions on the basis of:1. sexual identity or orientation,2. gender identity or expression,3. conviction or arrest record,4. credit history, or5. immigration status.viii.

So, I am thinking I can save 10-20 percent to put down on the next property either through the bank or a hard money lender and start BRRRRing.

Better than most.Do fifty more of these and you'll have skin like a rhino, that kind of BS will just slide right off you.

CA requires that I lived in the property for 2 of the last 5 years to take advantage of Prop 60/90 for seniors to carry the tax basis to another property of equal or lesser value (once in a lifetime option).

. @ brett for sure ill keep stashing this cash. im also heavy into stocks and have avaraged a 15 to 20 percent return there as well , i also happened to sell right before all of this out of luck so i will be buying this dip to.

I think the real question for you is if you saved that much money through hard work and a lifetime of savings would you bet that on yourself and buy a building.

I think this has "0" percent chance of being voted into law.

Median sales prices are up significantly year on year, pending sales are up, days on market have not gone up and percent of asking price is strong.

Over 40 percent of property managers reported that 91 to 100 percent of their tenants had paid April’s rent in full and on-time.