All Forum Posts by: Adrian Chu

5% down conventional is the best for single family. 

The low FHA rates are misleading because the upfront MIP and monthly mortgage insurance is very high for FHA. FHA is good for buying a 2-4 unit with 3.5% down.

What are your investment goals?  

Cash flow is not the only metric.  In the Seattle area, big money is made simply by holding onto properties.

Custom construction loans are a great option for this.

What cities/areas are you considering?

What is the best South Bay Area jurisdiction for permits (i.e. fastest, easiest, etc)?  Would love to learn more about your experiences.

Cool, lots of people here do the same :)

Looks great, how much do you estimate build costs to be? Are there expensive infrastructure work or utility upgrades needed?  

Most condos have rules that prevent you from renting out your unit as an airbnb.  Refer to the condo docs.

Some cities/jurisdictions have restrictions against airbnb as well.

Best of luck!!

I have been thinking about hiring a VA for a very long time. But I always feel like it would be hard to have enough work for them to do. What sorts of tasks do you delegate?

What type of project would it be for?  Cold call developers that would be interested?