They have to mark up the price form their subcontractor to make their cut, so you're paying twice.

@Mark Pedroza Thank you!

Originally posted by @Mark Whittlesey:Originally posted by @Chester Transo:Originally posted by @Ben Leybovich:I agree with @Nick B. - 8% mortgages are unlikely unless the economy is firing on all cylinders.  

My name is Mark and I’m 19 years old living in San Francisco.

So that presents the issue of lack of down payment, only allowing them to purchase up to that $647,200 price point mark + 3% or 103% of that $647,200 = $666,616 purchase price NOW, what has happened with these increases is that this buyer can now buy a nicer / larger asset with very similar down payment.

Hey Anthony,If she owns the home free an clear, she could owner finance the home to you. 

Laura Marks (Property Manager)Alex Rico Chang (Lender)

But, as was mentioned by @Mark Poulton, everything I'm seeing on the MLS is going for more than I am willing to pay for those properties.  

@Anthony Colon Home style loan would be good if it's one unit for investment property.

Learn and observe as much as you can about her and her pets before the 30-60 day mark and then decide if you want to have an vacate rental that will need rehab going into slow season or if she’s a decent enough tenant to renew her up to spring and at that point you can non renew if need be and have the unit ready for next summer.