Hi Everyone,I am a new member to BP from Orange County, CA.

I've been looking at purchasing my first property in Orange County, CA, but I just can't find the justification of purchasing an overpriced home to live in and pay the big mortgage.

I asked her to let me know about a week ago when she had talked to them, but haven't heard back.They are a younger couple and were upset early on because I would not let them paint (blues, purples, oranges), they've been paying on time but haven't heard anything + or - from them since then so it could go either way.

By the bright orange you must be SAR out of Comox.How are property prices on the upper end of the island these days?

Hi BP,I worked with a team who flips homes all over Orange County and Los Angeles.

Think of REI as a 4 legged stool.Leg 1 - Buyers - for Investors, FHA Buyers, Tenant Buyers, Owner Financing BuyersLeg 2 - Sellers - A B C D Areas, Needs Work, Pretty Houses, Equity, No EquityLeg 3 - Funding - Bank Loans, Private Lenders, JV Split Partners, Hard Money Lenders, Owner Financing for Free and Clear Houses.Leg 4 - COIs - Center of Influence Referral Partners - Only after you have success stories, like CPAs, Attorneys, Financial Planners, etc to refer you business.Techniques include: Wholesaling, Rehabbing, Lease Option Flips, Sub2 Rent Out, Sub 2 Lease Option, etc.Private Lenders for Buy and Hold was your question.I would focus on sub2 and rent out.

Great that you can rehab, you're a leg up on me.

Before I get an uproar about my move, I've lived in CA (Orange County/Long Beach) before and will definitely be staying there permanently.I am open to being a landlord(I currently work as a leasing consultant) and just about anything really.

I was actually considering my first property to be near my campus (Michigan State University) where I can hopefully find a good deal on a duplex and then rent that out to graduate students or even small families since housing is ALWAYS a huge topic around these parts.I'm sure I'll find a great deal of priceless info here in the BP community to the point where I know now that I won't have to pay an arm and a leg for education in real estate :).

I do work full time don't plan to quit I work construction so I think I might have a leg up with reno.