It's a much cleaner relationship if you can put yourself in a position to be 100% giving as opposed to collecting.  4. 

. - I believe (and will bet anyone who cares to oppose me) there are less than 1,000 people in this country who can claim $100K or more in assignment feels or similar wholesaling income for at least 3 years in a row. 

In a few circumstances, I have obtained 100% financing by offering an equity share as opposed to debt financing.

I was curious if there were any other Palmdale Landlords on here, if so when you rented out your properties, did you see significant demand for the rent by the room strategy as opposed to renting the whole the house?

Commissions are merely written into the contracts now as opposed to being listed on the MLS. 

You can compete with them by offering to buy and front cash as opposed to lend to the estate.Like I said, not for someone looking for low hanging fruit or for someone without a legal team, but there are some fabulous deals working with estates.

An STR will look every bit as good as it did when it started - because it has to.Not only that but it is much easier for property managers to get repairs reimbursed when a guest damages something as an STR as opposed to when a long term renter moves out and outside of the security deposit, good luck. 

If you are lookign to occupy the property as a primary, then you'd need to look at the conventional (Fannie HomeStlye Reno loan for example) or FHA (203k loan for example).As for the takeout, again so long as the ARV is strong enough to support it, you have credit and income to qualify (if you go the Conventional DTI route as opposed to DSCR), you should be able to refinance into a long-term loan no problem.Feel free to DM me if you'd like to chat more on this!

They have a learn as you go mentality as far as training goes so I feel you need to be a bit more self-motivated starting out as opposed to if you worked for a more well-known brokerage with a more formal training program. 

As it ended up, it was a deed in lieu as opposed to a foreclosure.