I'm wondering if what question you want to be asking is "What lending sources are available to me?

I may be misunderstanding your question.In an "assumption" (it's an actual banking term with a definition) the bank takes you though the same hoops as if it's a new loan.

I completely understand the importance of maintaining a professional relationship with tenants, and I will definitely keep that in mind.To answer your questions, I am still working on narrowing down my price range, but I’m aiming for something budget-friendly as this will be my first purchase.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I was wondering if there are any recommend in-person meetups in the LA area.

It’s definitely possible that not having a garage could be a deal breaker.

@Michael Deering i seen wonderful commercial properties in tokyo.

Definitely do a search here for some recent stories on capital calls and risks with syndications...even on some that have been operating many years...

I'm not saying that this isn't right for SOME houses, but it's definitely not right for all!

What I'm wondering is: is there a way to get the cash invested into this rehab back out of the property in a relatively short timeline, as if it were a BRRRR?