It’s a short-term option, typically 12 months, that can provide the flexibility and funding needed for a $150K renovation.Here's why it could be a great fit:-No prepayment penalties — so you can sell or refinance without penalties.

I wasn't aware it was an option.

That should never happen.We also discussed the option of selling your property or even transferring management. 

Taking a deposit to secure the deal can be a good option, as it shows the buyer is serious and committed while also giving you the time needed for the 90-day rule to clear.

It's a great option for the right investor at the right time in their lives.  

What is the standard option and earnest money in your area?  

.: Some of you have reached out to me to see if we can connect on zoom or other means to pursue legal options.

Personally, I would never invest in a place I didn't even visit and also meet/interview the people who would be involved (agent, manager, contractor, etc.)

I didn't see a location option for Ventura, County, CA, I hope that's not bad news. 

Happy to chat and help you compare your options.