I not sure of how much cash you have available, but if you could buy the property with cash you Air Max Thea Price Ph
could always obtain financing after the fact and pull some of the cash (probably about 70%) back out. That would allow you to acquire the property and still take advantage of the low interest rates, although there would likely be a seasoning period (6 12 months, depending on the lender) before you could do so.
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The problem you experiencing isn unique to the Bay Area. In many areas, inventory is extremely low and and the properties that are available are all getting multiple offers Air Max 2015 Junior
Bay Area Real Estate Investing Problem
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if you may have to get creative if you want to compete for properties that are receiving multiple cash offers.
I need your suggestion for finding a deal in Bay area. I am trying to buy a condo in Bay area especially Sanjose for around 250K with 25% down payment. There are many listings for around 250K but the problem is when i put the offer, the cash offers are beating me. I tried hard and this has happened multiple times already. I definitely do not want to downpay more than 25% because i want to take advantage of the low interest rates.
I am newbie to this forum, it feels great to see all like minded people at one place.
usually cash. In fact, in the areas where I buy homes, you can even get a seller to look at a financed offer. There just no reason for them to consider an offer contingent upon financing when they have so many all cash offers. So now I only make cash Nike Air Max Thea Black Pattern offers to stay competitive.
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