Yes it can come from the seller if the seller carries a note back, but the seller cant outright contribute proceeds towards your down payment ( closing costs and prepaid costs yes, but not DP).You'd need a lender who understands the lenders guidelines regarding a creation of a 2nd mortgage note carried back by a trust deed in CA.

Job Creation = Real Estate investment.I go for Texas.

Seems like it, since the lenders may not like it since the loan is in her name.On the forum on Bigger Pockets we have learnt about creation of the LLC for the rental income and expenses i.e as a management company.

If you want to invest with no money because you never have any money....because you're bad at managing money, then you don't stand a chance at wealth creation of any kind. personal financial responsibility must be learned and practiced first.

Is it that when transferring property into a land trust, you no longer need a new deed, the transaction is completed entirely by the creation and terms of the land trust?

. - The distance partner takes care of speaking with sellers/buyers, finding tenets, screening tenets, creation of leases & other contracts, finding financing, etc....

and Create additional LLC's for each 2-3 properties.2) Create California LLC to be the Holding LLC for the Indinapolis properties ( Pay initial LLC creation costs and yearly $800 fees) Any advice would be appreciated.

Cost of creation?

I had the pleasure of having coffee this morning with Two Investors who own a Park in North Carolina but hey Live in California.  They created their entity in California which I was a little thrown off by.  To the inv...

Similarly to how you think about improvements to a house and the tradeoffs to rent/value creation down the road, there is a risk/reward you need to balance with the legal piece to this investment vehicle.