HOWEVER, you can still find deals that hit the 1% rule and positive cash flow.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

Too often, I just hear people say they are "looking for a good deal", but defining that good deal in a specific area makes it much easier to spot. 

I'm excited for the opportunity to use what I learn to make this deal happen.

I'm interested to see what you more experienced professionals think of this deal as its structured as well as being in the predicament of having our agent represent the seller ( as himself) and us as the buyers.

Theyre out there, but they are largely impractical and not viable except in the most profitable deals.

@Guifre Morai am searching for a HELOC or refi so I have some capital to take advantage of any future deals, sounds like HELOCs have been frozen, anyone have any info.

I’d like to put it into a large deal as a limited partner (LP).

A lot of people say they can't find a good investment in LA, but you are proof that deals can be found.

I am patient and can wait for the right deal to come along.