For example, a high-cost market like California may be balanced by a more affordable, growing market like Alabama.2.

(We personally do portfolio and single property loans and will be adding a HELOC product soon!)

Expanding to California or Indiana can make multifamily properties more affordable, but it's better to start in California and expand to Indiana.

Collecting free but potentially inaccurate advice when I can only somewhat afford to pay hourly rates for an attorneys, some of whom may not even possess adequate knowledge, seems impractical.

I want to buy a house-hacking property or duplex around the SoFlo area, but I'm wondering it it could be a better idea to invest OOS in Huntsville Alabama where I could afford a quadplex or something of that measure.

Better quality product, better installation, and making relationships is invaluable if you plan to scale.

That’s a pretty good amount to start out with if you’re creativeIf you already have around $40,000 to invest then finding an affordable coach that can help you find under market valued deals and can help lead you and guide you through the process from start to finish is probably better than going to a course or reading a book.

(the way the conventional mortgage was a root canal)I am probably going to pay cash for the property upfront and then finance it after the close, so I have some time to explore financing products. 

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

Find a non-bank lender or broker who offers bank statements loans - this is literally the situation that these products are meant to tackle.