Investment Info:Small multi-family (2-4 units) buy & hold investment in Banning.

If you are closing on a property that you will reside in, can you close it in a Trust, or do you have to close it in your own name, and then later transfer it into a Trust? 

This was during the biggest run up in RE prices since FOREVER.

I don't remember if there is a bathroom in the area or not, which of course is a downside.  

Welcome and great idea, I think the MTR space is still very smart area to be getting involved in

What made you interested in investing in this type of deal?

He is also a city councilman in Minnetonka or at least he was.

Asking in the correct forum will get a better response.Read the RULES!

I do understand that market value becomes what has been paid for a deal but with minimal work and renovations my deals almost always significantly increase in value in the first 6 months.

Quote from @Pat Arneson: Yes, sometimes they have a ton on their plate and need to sell some off, and sometimes there is a better spread in their eyes wholesaling the deal verse flipping it.