In Oakland’s insane real estate market, plenty of buyers seem to be able to scratch together $1 million in cash–or more. How can a buyer with a conventional mortgage compete? It can be done.
Recently, Redfin designated Bushrod, a formerly unknown Oakland neighborhood, as the hottest neighborhood in the 2017 real estate market–in the entire United States. People who want to buy homes hear horror stories about investors snatching properties away from traditional buyers. My article for Oakland Magazine demystifies what it takes to win the deal. Sometimes, it’s a matter of elbow grease.