Al Muratsuchi: (Gardena, Hermosa Beach, Lomita, the Los Angeles communities of Harbor City and the Harbor Gateway, Manhattan Beach, Palos Verdes Estates, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Torrance and the unincorporated communities of El Camino Village and West Carson) Asm.

Just reaching out for any helpful tips on forums, books, podcasts, etc to look into and read to help get the ball rolling with investing.

Thanks and noted.. i will stay away from two pipe systems.. i have linked up with a professional and we are running the numbers. checking the rent and roll and p and L

I am ready to get things rolling, however, I am reluctant to begin without pursuing legal counsel to go over my contracts.

When you close on the house, both the mortgage and 203k loan payments will be rolled into one payment. 

But your strategy enables you to decouple the sell and the buy transactions, so you can buy low, then later sell high; or better yet, buy low, buy low, buy low, and never sell.After you get a few of these rolling you can do some really fun stuff to accelerate your growth, like cash out refinance a rental and boom, there's a down payment on another rental.

I think, if I'm not mistaken, the only thing I can do with a Simple IRA is roll it over into another Simple IRA.

As far as I can think of these are my options:The seller can carry a note on the condo for the 50k differenceI can give the seller a 2nd on one of my rental properties for 50k as security for a noteI bring 50k cash to close ( I don't have $50k additional cash )She reduces her sale price to the appraised price (not likely )Roll the dice and try a local lender that the realtor suggests (realtor has asked this several times)I have asked the seller to reduce the sales price to meet in the middle, but for discussion lets assume the price will not change.I haven't talked to my lender about what I can do but I thought I could get some ideas here before inundating her with requests and questions.Some general notes.

The tax roll should be downloaded able into excel.

So I am here to make connections and learn as much as I can, so I can get this ball rolling!