Hi @Long Vang, I suggest you read through some of the commercial real estate blogs here on BP. https://www.biggerpockets.com/renewsblog/category/...But quick answer to your question is the formula Property Value = (Net Operating Income) / Capitalization Rate.

Paul Vang these were all in Sacramento.

(see recent GAO Report: Improved Guidance Could Help Account Owners Understand the Risks of Investing in Unconventional Assets)The private investment sponsor is the one that will need to provide this valuation.

Hello @Han Gao welcome to the site!

Another one to try,  I had a 203k with Aaron Vang at Bell Mortgage he's also hard working and knowledgeable.

Paul Vang Pretty much need to have the cash already for those auctions that require full payment by end of the same day.Not all auction require it right away.

@Long Vang - Depends entirely on the regulations of where the property is located. 

https://www.gao.gov/products/GAO-15-16https://www.gao.gov/products/GAO-17-102https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactionshttps://www.irs.gov/retirement-plans/retirement-plan-investments-faqshttps://www.irs.gov/irm/part4/irm_04-072-011.htmlhttps://webcache.googleusercontent.com/search?

My name is Lee Vang and i'm currently living in Sacramento, CA.

@Pafoua Vang Xiong there's not enough info to go on here, because it depends on factors such as: how much debt is on the credit cards, what's the rate on that debt, how much cash do you have, what else can you do with that cash (and what types of returns could you get), what's your overall DTI look like and does the CC debt prevent you from qualifying for financing to invest in RE, what's the ratio between your debt and net worth, what's your income and cashflow, what other debts do you have, etc., etc., etc.Depending on these types of factors, what makes sense for one person might not make sense for another person...for instance, a person who has a net worth of $10k, and who has $10k of credit card debt is probably over-leveraged...but a person with a net worth of $1 mil who has $10k of credit card debt is probably in OK shape (I say "probably" because there could be other factors in these peoples' finances that could change our assumptions--for instance, if the millionaire had $5 million in auto loans for exotic sports cars, they might be in trouble).Context is everything.