Sunday, March 15, 2009

Other Markets and First Mortgages

This post is just a reminder that we do have opportunities in other markets, some California, and some out of State.

Right now I am concentrating on Vallejo primarily because I live here, it is still Bay Area, the prices are super low and cash flow is great.

Additionally, it really is prudent, in my opinion, to invest in California right now as it has historically shown consistent appreciation over time, and does not usually cash flow (based on 20% down at 6.5% interest or so) in most markets.

We will ocassionally send out deals in other cities and/or States via our registered user list at http://www.reiinformation.com/

Also, if anyone is just looking for passive income with a first lien on cash flowing real estate, we can offer a 9% interest only payment for 3-5 years.

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