This is a bay area centric post, fyi, since that is what I know.VA and FHA are still doable in a hot market like the bay area if you are otherwise coming in strong.However....

Ironbound has become a hot spot for young professionals, new restaurants and well-manicured streetscapes provide for a hustle-bustle of activity!

My reservation for Buildium is that it is a web-based system that I'm not too hot on.

With our thin air and hot summer temps, my times are unimpressive for you folks who live downhill.

I can't tell you how many pissed off people who will never do business with you you'll make if you promise hot deals for their info, and deliver nothing on the other side but a "Thank You!

Thanks for all the replies.I knew this was a hot topic and that is why I posted it because the US has such a large influx of legal and illegal Mexican immigrants.

If you are trying to get a good deal especially off the MLS you will have to make many offers generally to get one accepted..of course it depends on how 'hot" your market is,etc.

Turn the furnace on and once you feel from another vent that hot air is coming out, then go to the rooms without a vent and point around the base of the room and watch for any temperature discrepencies.

Does anyone have advice on buying in a hot market?

PURCHASE PRICE $2,100,000 PLUS 3%

Multifamily 6 TURNKEY UNITS

6 X 2 BED 1 BATH

Built in 1963

Current Rents Per Month $11,904

Market Rents $13,200

ANNUAL SCHEDULED GROSS INCOME $145,488

Total Expenses $46,106...