Finance 101: In a fixed rate loan, the rate remains constant regardless of the loan term. 

Hi John,  Might you still have access to the article and send me the link?

If the price is good and you have access to enough funds to purchase, the lowest price is often, though not always, the best option.    

As  pro member you have access to the calculators - have you used them to evaluate the deal?  

Thanks to the San Mateo bridge, Hayward is easily accessible to mid-wage earners who can NOT afford the Peninsula. 

There is a differing of opinion out here on BP as to whether it is good for an investor to be an agent, for me personally it is the only way to go due to the access to the MLS.

If you have access to $30k homes, can afford the costs of renovation and the costs of the resale while remaining profitable you're only a "friends and family round" away from being in business.This is a sum of money that banks are just not going to write short term debt on without excellent credit and collateral.

It is an easier and more accessible way to wealth than any other, but that does not  make it easy.

Say that most any contractor or labor guy will want $10,000, the house is on the side of a hill, 100' from a private road with limited access.

You should develop a business plan before you start flipping to decide how best to access these, and more, sources of capital.