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General Real Estate Investing

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Seetha G
  • Rental Property Investor
  • SFO, CA
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80
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Bay Area Real Estate Investing Problem

Seetha G
  • Rental Property Investor
  • SFO, CA
Posted Feb 5 2013, 23:58

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.

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