Define your goals2.

But to further push the selling aspect does anyone know of a way to secure bank financing to sell a condo that is not FHA approved.

I know you will find lots of other investors here from California as well as all over the US and internationally.You don't have to mention how much is in your "small sum" of cash but wondering what your ultimate goal with real estate investing is and what aspect you're looking to get involved with?

100 % of my deals have been all cash transactions.I would definitely it has to do with what market your in, also the area you are farming makes the world of a difference and last but not least what aspect of real estate are you involved in will definitely have percentages off from cash transactions to financed transactions.Me personally I'm a wholesaler, so the properties that I do come across are usually owned 90% of the time with no existing mortgage.

You also will want to define what the expectations of each party are to be.

Definitely keep getting educated on all of the different aspects of RE Investing.

Are you saying that because the final infusion of cash comes from the buyer, that the buyer now automatically has paid for every aspect of the transaction downstream?

I have had some ups and downs with the rentals but enjoy the prop management aspect.

A right of first refusal ("ROFR") is a preemptive right to purchase specific real property at some future time upon certain defined terms and conditions.

With that being said, there are some (a lot of) questions I haven't been able to answer from the blogs, forum posts, and podcasts but here are the first few burning ones to me.I have been leaning towards renting out homes as I feel the most comfortable with this aspect of real estate right now.1.