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Updated over 7 years ago,
Trying to find financing
Currently renting townhouse in Venice Beach owner wants to sell. He will give it to me below value at 1.5 mil. Which will leave 100k+ in equity. I want to hold for 18 to 24 months or sooner, neighborhood values going up daily. I would continue to pay 6500 rent or more if needed. Taxes and hoa about 1500