They are trying to make thousands of dollars without adding any value to the transaction (at least the initial wholesaler found the deal and got it under contract).From a free market point of view, if the #s are good it shouldn't matter who the middle man/men/women are or how many, but as a practical matter "too many cooks spoil the broth" and I'll avoid those deals no matter how good they seem.

Might check out National Association of Housing and Redevelopment Officials (PHAs, planners, developers, etc) as there are private and public partnerships.Mixed use projects may also look to the Community Reinvestment Act with commercial banks working in concert with the programs mentioned.

If you look at the nation as a whole neighborhood California is quickly becoming the better hood. 73% of folks who leave Cali make less than 50K and the majority of folks moving to Cali make 100k+.

Hi BP Nation,  I have been a member of BP since 2012 and didn't have a clue what it was all about, until the other day and went Pro immediately.

To risky to me unless it is a credit rated national tenant backing that space.If you split into 6 smaller spaces of 2,000 sq ft you would have 10 spaces.

Hi @Michelle MappSouthern California is a mature market, Particularly the cities that have national or international notoriety (Beverly Hills, Pasadena, West LA, Santa Monica, etc...).Mature markets attract all types of investors, which can sometimes make deals unattainable or non-performing for some groups.  

Foreign National Real Estate Purchases: For foreigners looking to buy real estate in the U.S., even with large down payments, it is difficult for them to obtain a bank loan.

What if a foreign national on a work visa wants to rent from you and he's unable to pass a credit check or criminal background?

You can't really compare water and sewer rates nationally as the amount charged per gallon varies by state and even county,city.For instance in Fulton county Georgia they have very high water rates even with no leaks.

Well if you're buying in Sacramento, the average return, if you're buying this year, is going to be below the national average," says Daren Blomquist with the research firm ATTOM Data Solutions.He says the national average is 9%.