What's up Jay,Given your situation, here are a few strategies you could consider to secure the rehab budget while respecting the seller's desire to maintain a first-position lien:Home Equity Loan or HELOC:If you own your primary residence or another property, consider tapping into its equity through a Home Equity Loan or Home Equity Line of Credit (HELOC).

Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?

In the past I keep looking past this area because driving distance was too far to have any grasp/maintain on the property.

It was so complicated becoz even for the job we have to maintain the same job type for 24 months.But yea with 5% down, this strategy is fastest to print the first one million.

It's really important to maintain the integrity of BP and the forums and we'll certainly keep this in mind for the future. 

Most people don't understand the overhead needed to maintain a stable and consistent direct-to-seller wholesaling operation.

Unit was built in the 80s, moderately updated, well maintained by the sellers.

We’d prefer to not deed their interests to 2 separate SMLLCs as this creates complexities with having to maintain multiple bank accounts, etc.

Despite any reluctance to address the situation, maintaining transparency and professionalism is essential.

It's important to address this issue to maintain a peaceful living environment and protect your floors.