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All Forum Posts by: Andy M.

Andy M. has started 1 posts and replied 2 times.

Hi All, 

Thank you all for your thoughts. I still welcome more feedback from you. 

Anyway, I live in Daly City. My main reason of buying a BMR unit is the only unit that I can "afford" it. Secondly, my heart has been broken since my new landlord increased my rent by 42% last year. 

I have one BR BMR unit in mind, and I have already submitted an application last week. Like Chris Mason said, hopefully, I win the lottery. If I win, I don't want to miss the opportunity. Unfortunately, I don't have a buyer agent yet , who is specialized in BMR units. I don't know the process in details.  I would love to have one who can advise me the time line of the process, starting from the date of winning the lottery. The time line will help me to be prepared. Please advise.

Hi All,

I am currently a tenant in the SF bay area, and I am planning to buy a below market rate (BMR) one BR residential property or condo in the SF bay area (San Francisco, Daly city, San Bruno, South San Francisco, and up to Millbrae). 

There are pros and cons, good and bad, of buying a BMR unit. They make me nervous, especially the bad ones.

If you have any experiences in BMR units, would you please share with me your thoughts. 

Thank you in advance.