I often consider this, but keep coming back to the fact that it's a place in the Bay (hot market), give 571/month to us, and the tenants are paying down an asset in our name.

I don't do linkdin personally but I can imagine that's a hot bed as well.maybe one of the current HML can write a blog on the reality of HML by area of the country.rates DO vary by area of country... for instance it is possible to get a 8 to 9 % interest rate in CA for a HML But your not going to get that in most of the other areas of the country.. there is just a huge amount of deals chasing CA properties etc etc.the other thing for folks to think about is RATE is many times determined by experience and long term relationships with your lenders.. folks doing their first few deals or first one are not going to get the premier rates.One should simply pop on lendinghome's web page they have a nice metric all spelled out on how they teir their rates. you can get 8 or 7% from them.. with big down and PROOF that you have done a few Hundred deals.. etc etc. but when you look at low down and limited deals you will be at 12% or higher..

The multi-family property market in Saint john has been red hot.

If it is removed, the drain must be sealed to prevent rodents and/or sewer gases from escaping into the unit.The bathroom must have an open able window or an exhaust fan for ventilation.The hot water tank's pressure relief valve must have a discharge line extending down to six" from the floor.The flue pipe leading from the furnace and hot water tank must be sealed where they enter the chimney.

It's Portland, OR so a pretty hot seller's market and we consider ourselves fortunate to have a shot at this pre-MLS (no realtor involved either side).Left on my own, I'd probably see if I could get away with $50-60 down (15- 18%), 5% interest rate, 7-10 year balloon (we'd hopefully refi then, though rates will certainly be higher).  

A "hot" Market opportunity.

HOT historic in town neighborhood.

I am looking for lenders  for a property (s) in a super super hot So Cal market, where every single silicon valley company is opening offices (Netflix, Amazon, Snapchat, TikTok, Apple, Instagram/Facebook all within 5 miles) and a mass exodus is happening from SF to this area for jobs at these locations. 

These days, when I install hot water tanks, room air conditioners, my CPA would expense them.

The market has been hot hot in the Northeast for a pretty consistent couple years.