It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach.But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you’d even be able to buy right now.

Quote from @Warren Peasley: Thanks a lot for your message. 

Quote from @Larry Bailey: Hello!

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

This can be especially appealing for those who enjoy traveling or seeking occasional getaways.

Here to rub minds and learn from everyone

You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.

I think it was written by @Nathan Gesner, a property manager from Wyoming. 

I would start with them.I am not based in LA, so I don't know your exact laws, but I think I can still provide some initial direction for you to find answers, and maybe offer an idea to research.  

From several states away, how can I be sure?