Next question, we are currently reviewing another property as our potential next buy.

Purchase price: $100,000 Purchased this cash flowing rental property with $0 down.

Within 2 months we sold the property for $1,415,000.4.

The seller, who inherited the property, was motivated to sell and move on.

I am wanting to purchase properties to flip at foreclosure auctions in my area.

For auction properties, I'm assuming once I purchase a property I can draft and record the deed of trust following recordation of the conveyance?

While the cash allocation is somewhat high, it serves as a reserve for our rental properties and future real estate investments, held in a high-yield savings account.

Hi, I'm considering buying a property and would like to connect with fellow hosts in the area.

Do you have a property you're looking to sell?

Your going to need to show proof of rent payments and/or short term rental income.If your buying a primary 2nd home and intending to use it as an investment property I would strongly refrain from that activity; especially if your posting about it in a public forum ;).Best of luck.