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Updated over 4 years ago,

User Stats

27
Posts
18
Votes
Alejandro Garcia
Pro Member
  • Rental Property Investor
  • Los Angeles, CA
18
Votes |
27
Posts

Under Contract for a Duplex in Los Angeles...What now???

Alejandro Garcia
Pro Member
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi!

I just recently got an offer accepted for a duplex in Los Angeles using an FHA loan and this would be my first property if I get it! My plan is to renovate, get some tenants in the extra unit and house hack it!

I am extremely excited but find myself asking myself "What now?". We are in a 60 day escrow period as that sale is contingent that the owner's find a new home and the residents of the back unit vacate. 

So what is there for me to do during the escrow period? What should I look out for? And what would be a good thing to start planning and/or working on?

Any help would be much appreciated! 

  • Alejandro Garcia
  • Loading replies...