If you’re like most people, you know that you’ll have to pay closing costs when you buy a home – but is there a way to lower them? Absolutely – and this guide explains. How to Lower Your Closing Costs When You Buy a Home or Investment Property in Silicon Valley Closing costs can really
If you’re thinking about buying a multi-family property in Silicon Valley, which may be a great investment strategy, there’s a certain way to go about it. Here’s what you need to know. Buying a multi-family property is different from purchasing a single-family home. You’ll likely have to secure special financing (unless you’re buying with cash),
An owner-occupied property simply means that the property owner lives in one of the units as a primary residence while renting out the rest. For many people, this is a smart investment strategy – essentially, the tenants pay the mortgage (in a roundabout way), and you can use the money to make improvements or other
A fourplex is a building that contains four separate housing units. The units can be side-by-side or stacked on top of each other, but most often, they’re a combination of both. There aren’t shared common areas in a standard fourplex; each residence has its own entrance, kitchen and bathrooms, although there may be a common
You’ve signed on the dotted line and are now officially a homeowner – and the last thing to do is move in. Check out these tips to make your move easier: Get organized. Moving day is exciting, but planning the move can be time-consuming (and maybe even a little stressful). It’s a good idea
As an investor, you know that it’s impossible to do too much homework on a property – but it’s definitely possible (and risky) to do too little. This guide covers 15 things you should look for when you’re buying a multifamily property in Silicon Valley, and you can use it as a checklist to
When you’re house-hunting, you’ll likely have the opportunity to go to open houses – homes that the seller is opening for tours to the public on a specific day. Visiting open houses is a great way to find the perfect home for your needs, but there are ten simple rules you should follow while
As the housing market continues to thrive, buying a residential investment property may be the right choice for you – but how do you search effectively to find the ideal property? This guide explains. Buying a Residential Investment Property: The Basics When you’re ready to buy a residential investment property, you have to consider:
Get Your Finances in Order Before you even begin searching Silicon Valley homes listed for sale or multi-family homes for sale online, make sure your finances are in order. This will most likely be the biggest purchase of your life, so you must cover all your bases. Examine your current financial situation and
When you’re ready to buy a multifamily property in Silicon valley, whether you’ll rent out each unit or occupy one while renting out the others, you’ll need to follow a specific set of steps to get to the closing table. The purchase process for multifamily properties, including duplexes, triplexes and fourplexes, is different from
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