As you know, this part of CA is nothing like what most people associate CA with.

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

You have multiple people living in each others spaces.

Seller inherited property and wanted to sell it.

These lenders originate their loans and hold them to maturity, like us, or they might sell them one at a time to an investor like you (?).

The majority of our properties already have DSCR loans on them, are tenant occupied, have been owned for less than a year/have sizable capital gains, are in a high appreciation market, may take a while to sell at market price on the MLS.Are there any loan products, even ones with balloon payments, that would let us access some of our equity in our properties through refinance or a 2nd position loan.

I have a capital gain taxes question:if I sell my home for 510k and provide the seller 10k seller credit towards escrow costs, would I be paying capital gains taxes in California for that additional 10k?

Why more people don't use these is astonishing to me...We need more educated people like yourself sharing the good news!

Reason I ask is because after buying the lot, the seller was also a builder and mentioned he could sell me his plans and connect me with his Architect.3.

The seller was in need of selling.