Housing prices the way they are and cleaning fees can anyone make money on str in long beach if they get in the game now? 

I fund their deals 100% they make money I charge nothing up front I only make money when they make money we get paid the same day off of the HUDs..

Once to him and he stole the money and once to the sub to remove the lien.

With this amount of money there is probably going to be a gift tax that your friend would have to pay.

Since moving into another fixer-upper isn’t ideal right now, consider leveraging your $40K for a low-money-down investment, like house hacking a small multifamily or using creative financing (seller financing, subject-to, or partnerships) to avoid tying up all your capital.

It’s concerning as I have a lot of money tied up in this.

I hope you get your money back soon.

I would start there and think of anything that I could do to stay in the house for a while as it sounds like you would be losing a bit of money with the other options. 

My goal for 2025 is to complete 50+ transactions and collaborate with even more people in this community.If you’re a private money lender, investor, or fellow enthusiast feel free to reach out.

Why would you place your money with an administrator?