All Forum Posts by: Andrew McNulty

Thanks Bruce, I appreciate the feedback.  I had read the same that they move into first position ahead of your mortgage, but I did not think they needed to be paid off when selling, which is why I though that might be beneficial for flips.  Thanks again!

I am new to San Diego and also in the beginning stages of learning about real estate investing.  I am curious if anyone in the area who flips homes would be able to tell me if installing rooftop solar using the PACE program is a good investment to overall value of the home?  It is my understanding that a PACE loan is tied to the property and not the homeowner, so a transfer of ownership will not require the seller to pay off the system.  I do believe that the installation must be done before the home is on the market, but I may be wrong about that.  Can anyone provide some insight as to if this may be beneficial when flipping a home?  Please keep this discussion relevant to San Diego since so much of a solar system's benefits rely on the cost of electricity in a given area, so I am only interested in areas that are powered by SDG&E.  Thanks for the help!