You could also consider seller financing, where you work out a deal with the sellers to pay off the remaining mortgage balance while securing the deed.All these options would help you avoid the risks of not holding title to the properties while also giving you access to the equity you've built.

Once you do that you will have a more clear understanding of how to deal with rental properties

You do have to deal with more regulation, which is the cost of doing business in CA.

If you need help weighing your options or structuring deals, feel free to reach out!

They'd be a partner and help provide solutions to operational challenges when scaling, we'd bring tech in like Breezeway for scheduling, give them a company card with spend limits to buy supplies, they even ended up landing a deal with a local laundromat to wash and fold there after-hours to make their lives and ours easier.Truly a win-win. 

Private money lenders may fund a deal at 13% and then turn around and fund a similar deal at 12% or 14%. 

Hi All -I would still consider myself a bit of a rookie, but I have been investing now for about 3 years.I currently own an 11 unit RV Park in which I own all of the units and rent them out.I have successfully completed a BRRR in Alabama with $4K left in the deal, and I am in the process of completing my first two SFH Fix & Flips in Detroit, Michigan.I am looking to build out a potential buyers list, JV partners, and just network in general with like-minded people. 

It is something that an owner will tolerate when they move but I don't want to replace a couple of couches, deal with spray on a ton of vertical surfaces, etc.No cats. 

The fees were really what held up this deal. 

@D Kirk If I was presented this offer to partner I would expect a percent of the deal that would compensate me for the risk I'm taking.If it's your first deal, then you would probably have to give up more equity.