In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION. 

The house currently in question, the manager said he had an older couple apply, but they were on fixed income and wanted to sign a two or three year lease so they knew they wouldn't have to move or incur additional expenses.

My wife and I were both teachers at the time and found a great house in an “emerging” neighborhood.

Afternoon, I have a seller that’s open to subject to, but back out because their LO said they wouldn’t receive financing for their second house.

>but quickly realized that trading time for money wasn’t going to be enough if I wanted to create wealth while living in California.I think you are entering a tough market.  2.5 years ago (before interest rates doubled)  it was a much easier market.  

I saw some interesting single family houses (newly constructed) in the range of 200-300K, for examle in:McAllenEdinburgSan JuanMercedesHow can I deep go into research about those cities and neibarhoods in term of demand for rentals and for sales?

Lenders - Is there a preferred lender for multi-family housing that's owned by out-of-state investors?

Developer from Nashville here and just acquired some property for renovations. Talked to the CHA and they said there are no section 8 listings available and that only tenants can control the property being section 8. ...

The numbers look better using Variable Rate interest. 

We want to put the equity to use, but prices and interest rates are preventing any decent profit from the rentals we can afford.