True story, I know an investor that bought a condo without reading the docs that he had intended to use as a rental and had to hold it for a year before he could do so.I've novated two condos and both times it worked out really well.

I keep saying it's making me a better investor and that's probably true.

- tried and true strategy, start small and learnTargeting Section 8 housing?

Diversified Cash Flow Fund:InvestNextThis sounds a little bit too good to be true.

Assuming this scenario is true, I cannot see a scenario where coastal RE near Los Angeles does not have over sized appreciation.   2nd homes is not going to make a significant dent in this increased demand. best wishes

That's the beautiful part, working with just 20-odd clients can be a shocking $ volume.

I lived in Upper Saddle river back in 88 with my parents and remember all the beautiful homes.

@Preston Dean right, right, that's very true about the commission!

Typically rates are 0.5%-1% higher than the full conventional loan, however the beauty is that it requires less documents and quicker close.

Congrats - beautiful job on the porch