He said he had the 3 duplex for sale for nearly 4 months on the market, and had just given up.

Conditions and compliance of the property code would be taken care of during the sale of the property.

The same analysis noted above does not account for settlement costs on the exit which is customarily 6%-9% of the sales price depending on local brokerage fee and transfer tax norms.2.

I've done some research into the market potential for renting out the property and it seems we could expect to fetch between $1,000 - $1,100 per month in rent, which is promising.Regarding the property's sale value, comps in the area indicate a range between $220,000 - $260,000.

For Redfin to show comps you may need to login to view the past solds, if no sales data just discount a few % off the listing price since some markets are going for near retail anyway.

Local folks will be glad to have your help.wholesaling is a sales job.

Is (Subject To) real estate sale legal in California?

@Karthik NatarajanProps to you for doing your due diligence.In many areas, assessment amounts are adjusted upon sale of the property so it is NOT unusual and in fact it is quite common for property taxes to increase significantly for a new buyer.Absent any other data, I’d trust the calculator.You could also call the County Tax Collector or Asssesor to verify the information.Good luck.Arn

Long ago I tried a few of these sites like this and their product is awful.

@Ana Vhan, 1. like @Bill Brandt said you must purchase at least as much as your net sale ($920K) and use all of your proceeds ($520K) in your purchase or purchases.