Can you afford to rent in San Francisco?

The lease-option simply has two separate contractual issues, a lease which is terminated under the terms of the agreement and an eviction process afforded under state law to regain possession by the owner.

The only caveat is yes there are more desirable neighborhoods etc but at the end of the day I have to buy where I can afford to get my foot in the day.

They all earn around 15-20 an hour so they can not afford to buy a house but want to rent.Nancy you bring up a great point with people from Detroit moving into these areas slowly but surely.

Don't get me wrong, if you can afford it that is cheap to buy a 4 plex, but it doesn't take many of these deals to break you.

Pretty sure I could pull that off with what I already know and see the win/win/win in it.I just got off the phone with a pretty motivated seller that owes about what the house is worth (retail) and cant afford the repairs needed or payments on a vacant house.

Remember, I make my money in volume so can afford to do so.

As a wholesaler--I can't afford that property even if it's a pretty good rental and a below market price--can I turn this into a deal?

Can you really afford the consequences of thinking like that.

If the boiler is more than 20years old, your cheapest upgrade would be to replace it with a modern high efficiency oil (80-85%) or natural gas (95%) fired unit {if gas is an affordable options, I'd go with gas}.