Of course I rode the wave from 2018 to 2024 with the west coast transplants during COVID and driving up prices in the area.  

Most banks won't want to come in with a line of credit that is second lien on the property.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Of course all your cash flow is gone.

You'd need to clearly specify the arrangements so that there are no surprises, of course.

Either way though of course

Park Hill Golf Course was owned by a trust, in the wayyy distant past it was previously a dairy farm, but it has been operated as a golf course since the 1930's!

I am interested in working with MB capital in getting unsecured line of credit and possibly hard money lending.

I use this property and another one as my business line of credit. 

Of course our big motivation is commission but you can get commission or a referral fee or something in an off market transaction if done properly.