Deals like this are absolutely achievable with the right knowledge and approach.Imagine what could be possible for YOU in 2025.

Largely, the appreciation in housing prices is coming from both new migrants and investors coming from the East (GTA) as well as international countries (predominately from the middle east).We are also seeing drastic increases in the rental rates which in turn are pushing investment property prices up as well.

I appreciate all their training as well.

A lot of people say they can't find a good investment in LA, but you are proof that deals can be found.

But be careful expecting to refinance.

Rents are generally low there as well, but definitely stable.

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

If they send you something for 500K and say it can be sold for 700K and you pull comps which show $550K then that is a bad wholesaler.

I want their lease end date to be June 3rd. 

Any strategies beyond this would be appreciated.