Friday, July 11, 2014

Owner Occupied Duplexes for Sale in Silicon Valley

Today there are 25 duplexes for sale in Santa Clara County that are listed under the maximum loan amount for FHA financing. What does this mean?

For 3.5% down payment, you can buy a duplex in Silicon Valley, live in one unit and rent out the other unit. This provides you with maximum financing ability, a tenant who will pay you rent to offset the mortgage and tax depreciation on the rental unit to offset taxes. This is a great way to start your investment portfolio. Call me for details - Mario Pinedo, CCIM 415-269-6249

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