Also, you can roll your employer 401k into a solo 401k upon leaving your employer, or can roll it to a more conventional SDIRA, is that correcT, or did I misinterpret.

Purchase price: $65,000Repairs: $32,000 (out of pocket due to Fannie 120% clause)Refinanced into a converted to a 30 yr conventional out of a hard money note.My current loan amount is $74,400I got it leased right now for $1,350 per month - and my note is $700 (PITI).

However, LA still has a way to go as far as values go (more REO inventory is coming).

Given the rate/terms of conventional loans, I'd say it may be well worth it.I'm a little surprised that they aren't adding depreciation back though.

I have large inventory of houses throughout California, I need help finding buy and hold investors or fix and flip.

All privet lenders want 30% for their money, and conventional is 20% with a rate between 4-5%.

What about conventional loan?

After 2 years, you have a choice... you can either refinance your FHA into conventional (NOO will typically only loan to 75% LTV) and do another OO FHA... or you can buy your next OO place conventional (typically 20% down) and leave your funding as is on the 1st place.

Traditional wisdom is that people looking this time of year figure sellers are desperate, but then again the inventory is extremely low and you aren't desperate.

You have to know the local conventions, like what people expect in their rentals, what is a good item to attract good renters and what is a waste of money.