Purchase price: $450,000 Cash invested: $450,000 Centrally located near Shopping, Entertainment, Transportation and much more.

The last house I purchased was $227,500 and we put down $85K. 

I sold about half my stock portfolio to purchase real estate here in January.If it's not time to buy right now, when is buy time? 

@Ming Huang Based on the numbers you've shared, I would advise against the deal, unless you can negotiate the purchase price down and/or rent it for at least $1,150.

Id like to put a HELOC on it or redelop it after a few years, the whole points of purchase is this is a booming downtown area lot of development rights etc, dont want to be in a financial structure that banks will frown upon. 

.$300 and background check- and having to disclose - seems very reasonable at first glance. curious if anyone objects to it - what reasoning ?

I have never purchased anything 'perfect' but all of my rentals could have been rented as they were upon purchasing them. 

I also purchased these while residing in CA!

HelloWe recently purchased a property through 1031 Exchange and the title is with our Revocable Trust (Trustee my wife and I).

Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.