If this deal was financed, under RESPA rules, I believe it would technically be illegal for you to pay the title company anything related to this transaction outside of what was on the HUD-1.Of course, I can't imagine anyone having an issue with $40 changing hands, but it's still weird.

If you told this to all the Google employees now they probably wouldn't believe you.Looks like the other CA investors above don't realize how you can have any equity in 3 years, but when you buy at the bottom and the tech industry starts hiring really high paid positions like crazy, it is not hard to imagine a $300k gain.Congrats and good luck going forward.

How should I handle this tomorrow with what I'd imagine will be ome very angry responses?

I am not in the area Chad but glad to see you here anyways.One focus of the community is to share knowledge and goals so that we all get better as a collective group which also can help out in our personal investments.I can't even imagine the amount of dollars saved by reading this site learning of others mistakes.You should have a lot of fun here.

As Blackstone has already $6 Billion on 40,000 properties across the country, imagine how much more they could do when they don't have to rely on equity and credit lines, and can monetize their cash flows as well.

One thing to consider for the stucco front - I imagine you can do a different color / same intensity, but can you safely use a more intense (darker) color than what is on there currently?

You may be interested in joining our Snohomish County REI meetup: http://www.meetup.com/SnoCo-Connected-Real-Estate-Investors/events/138912582/I tried teaching English in Thailand for a bit, it was much harder than I had ever imagined.

The question is if I'm just getting into real estate investing and have 100k to put into the market annually is the accumulation of wealth larger as a private lender or a property owner of SFH rentals.I can't even imagine how to start calculating this, so I'm asking for some help with considerations.

Imagine what is being stolen and abused while you wait for eviction proceedings?

Our area is appreciating, so I would imagine that the chances of foreclosure are about nil.