Flipping into 2018



"There are those who look at things the way they are, and ask why? I dream of things that never were, and ask why now?” Robert F. Kennedy

Happy Friday everyone and we are officially in the last couple of weeks for 2017! This week we wanted to share some breaking news about upcoming changes to loan limits for 2018 as we always want to inform our peeps with Hot off the Press information! The two tables below outline the current and new loan limits for both standard conforming loans and high balance conforming loans for the SF Bay Area. There were changes to other counties throughout California, if you are interested in seeing your location, feel free toReach out  and I would be happy to share with you :)

Standard Conforming Loan Limits

# of UnitsCurrent Loan LimitsNew 2018 Loan LimitsVariance
1-Unit$424,100$453,100 $29,000
2-Unit$543,000$580,150$37,150
3-Unit$656,350$701,250$44,900
4-Unit$815,650$871,450$55,800


High Balance Conforming Loan Limits

# of UnitsCurrent Loan LimitsNew 2018 Loan LimitsVariance
1-Unit$636,150$679,650$43,500
2-Unit$814,500$870,225$55,725
3-Unit$984,525$1,051,875$67,350
4-Unit$1,223,475$1,307,175$83,700
 

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I Flippin Love This!!!!


As promised, I wanted to take a moment to reflect on my experience in graduate school where I furthered my passion for real estate. It was during my time at Cambridge when I realized I wanted to take my interest in project management and combine it with a creativity to develop something from start to finish. To “flip” in real estate can often convey different things to different people, so to me the goal in purchasing an investment property is to leave the transaction with my footprint, along with a desired profit. With an investment property that requires renovations or construction, the fun for me lies in the challenges to find a strategic way to connect all of the dots, all while coordinating efforts with multiple parties. I also married an ex-cheerleader, so together we have a flippin’ good time!

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