Lots of folks in high appreciation markets like CA will subsidize a $500/month negative cash flow on the assumption that they'll sell in a year of two for a quick $100K + gain.

Hello Everybody,I'm a first time homeowner living in Sacramento, CA.

Each state has its own laws about being a loan broker.In Texas where I live, you need a license for retail but notfor commercial.In Montana you need no license for either.In California.... whoaaaa Nelly!!!

I see quite a few them are under corporate entities and they buy it through tax deed sales like in California, Texas, etc.

It's great to see such an informative site.

BigGQ

I am located in California and just learning about foreclosures.

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My name is Gabe Cole and I am a Real Estate Broker and Investor from Orange County, CA.

I understand that Utah is the next Nevada/California/Florida.

I will be renting our condo here in Santee, Ca due to us only being in the house for only 2 years and to sell we will be dealing with the reaping closing costs.