When title transfers, the lender has the right to require that the loan be paid off entirely.

Got this note from VRBO today:Dear Partner, We are writing to inform you that effective July 1, 2024, California Assembly Bill 537 will prohibit advertising, displaying or offering a rate that does not include all fees or charges required to stay at a short-term lodging (except taxes and fees imposed by a government on the stay).

Housing providers now required by law to offer lease renewals to tenants, and other major impacts of HB 24-1098.Grace Property Management is not an attorney firm, and this is not legal advice.

Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.

It's in a very desirable location where demand is very high right now. 

If they do not qualify for conventional loans most private money are business purpose loans and require you to put it into an LLC

I have never heard of a program like that - I would be doubtful if it is worth it  - Understand a little about owner's motivation to sell. if a building is on the market for sale by FSBO, by agent or public auction - those sellers listing to sell are motivated - they may try to hide there desire to sell and say things like ''I ain't going to give it away!"

Regarding wholesaling, Illinois changed the law about 4 years ago which requires wholesalers, for the most part, to have an agent license.

So my question is for flipping a home do you get the desire amount you need for the entire flip using lenders money or do investors throw some of their own money into the deal?

I wanted to retain as much cash as possible, while still getting into my desired neighborhood How did you find this deal and how did you negotiate it?