The average mortgage lender was able to offer lower rates nearly every day for the last week.

Here's some playbook :- Typical DSCR 0.9-1.0 rent play: Antioch/Concord- Househacking free mortgage area : Hayward,San Leando,San Lorenzo- Fix and live in the flip: Hayward, Union City, San Jose, Santa Clara- Buy those house and wait for large appreciation: All Peninsula,San Jose,Santa Clara,Cupertino- Keep moving every 24 months play: San Jose LOL- buy those home with ADU play: Fairview, Hayward Hills, Oakland Hills, Berkeley.The creativity is endless in this market.

Mods, if this is in the wrong area please move or delete.I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing.

On the other extreme, for a (median) $382,650 purchase, rented at $1,400 /month rent, a mortgage at 0% down, 5% interest fixed for 30 years, the interest payment alone starts at $1,594 / month.

Our rent covers our mortgage plus a couple hundred. 

The right of first refusal gives you minimal control.To take over the refinance note subject to is doable, but we would need to know the terms of the loan to give proper advice.

As long as it's zoned properly and your HOA allows nightly (or weekly rentals), you should be perfectly fine.

Noah,I'm an Army Vet who started from 0 :)I'm currently a realestate broker for Armenta Realty (CA and AZ) and a mortgage loan officer in your neck of the woods.

Can I write off a percentage of my mortgage relative to the size of the rooms rented?

Hey guys,I am curious on your outlook on the mortgage market after yesterday's FED rate pause and outlook on the future.