The problem here is it takes 6-8 weeks to close, and in the LA competitive market, that is too long to be competitive with other bids.

Key lessons learned: use a cost-per-square-foot estimate from previous projects rather than relying solely on GC quotes, as they often underbid but end up costing more in the long run.The property is under a 2-year lease at $1,750/month.

Bottom line - All hype, bs, misinterpretation, opinion bias, etc aside, sellers willing “owner finance” the sale of their property for one reason - and one reason only: They PERCEIVE that they are getting a higher price for their property by owner financing than by a cash (cash to them) sale.The “perceive” part is why buyers can sometimes structure terms ridiculously one sided in their favor - because some sellers are so focused on PRICE they become oblivious to anything else.It’s why I and numerous others have been able to structure 20 year owner financing loans at ZERO interest; why sellers have accepted “substitution of collateral” that gave them a lien on recreational land I had rather than their own income producing property; why sellers accept second position liens and allow buyers to obtain new first mortgages ahead of theirs (subordination), and why sellers always accept mortgages without my personal guarantee.I myself sell properties and provide owner financing to obtain a higher price.

There was a time, briefly (a few years), about a decade ago when some prime solar farm site owners signed favorable LTLs (Long Term Leases.)

How do you analyze a property for a medium term rental?

Specific term structures would be great.

Purchase price: $80,000 Cash invested: $150,000 Hoarder house sourced through a wholesaler with plans to renovate and turn into a short term rental What made you interested in investing in this type of deal?

However, due to very, very high cost of living in Silicon Valley, and difficulty buying a reasonably sized home, and given I will remain in Bay Area long term most likely (family all here), also need a property appreciation strategy to some extent, too.

Typically they give you 30ish days to get the funds and in the time you might be able to find a new lender but every bank is different.Yes you'll still be able to claim the tax benefits as long as you qualify even if the property is in your LLC.

Hi JF, You can certainly sell one (1) relinquished property and acquire two (2) separate replacement properties as long as the total purchase amount is equal to or greater than the net sale price of your relinquished property.