Bay Area Real Estate Investing Problem
Hello All,
I am newbie to this forum, it feels great to see all like minded people at one place.
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.
Folks please help me in letting know what kind of strategies do i need to implement? How to get my offer selected when there are multiple cash offers?
Thanks!
Seetha.